AI and Election Power 7% Net Revenue Boost for Stagwell in 2024

Buoyed by AI investments, an "aggressive" M&A strategy, increased spending from Big Tech clients, and the U.S. election, Stagwell grew its net revenues by 7% year-on-year. The numbers $2.3 billion: Stagwell's net revenue for 2024, up 7% from 2023. $630 million: The group's Q4 net revenue, up 14% versus the prior year period. 8%: Net...

Feb 27, 2025 - 18:18
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AI and Election Power 7% Net Revenue Boost for Stagwell in 2024
Buoyed by AI investments, an "aggressive" M&A strategy, increased spending from Big Tech clients, and the U.S. election, Stagwell grew its net revenues by 7% year-on-year. The numbers $2.3 billion: Stagwell's net revenue for 2024, up 7% from 2023. $630 million: The group's Q4 net revenue, up 14% versus the prior year period. 8%: Net...