Stagwell raises full-year earnings guidance after strong third quarter results
Business · 2 November 2026
Written by AI from multiple news reports
Stagwell, a marketing and technology company, raised its profit forecast on October 29, 2026. The company now expects full-year adjusted EBITDA of between $490 million and $540 million.
Stagwell has been moving away from traditional marketing services. It is now focused on software and artificial intelligence tools, which earn higher profits. Sales of its Marketing Cloud software doubled revenue in that part of the business. The software segment achieved a profit margin of 44.3 percent.
The company also won a large government contract worth $1.5 billion over five years. It will work with U.S. Central Command as a subcontractor to the firm CACI. Stagwell said it is also winning new business at a record rate.