Stagwell Revenue Hits Record $2.7 Billion in 2022 Amid International Growth Spree
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Stagwell Inc. continued its growth spree last year despite global economic headwinds, with total revenue up 21% compared to 2021. It’s racked up six consecutive quarters of double-digit growth, according to financial results released today.
The holding company’s full-year 2022 revenue reached a record $2.7 billion. Meanwhile, its fourth quarter revenue grew 16% from the 2021 period to $708 million. By contrast, Stagwell’s net revenue was up 15% from 2021 at $2.2 billion, while its fourth quarter net revenue was up 12% and reached $583 million.
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