Stagwell Inc. raised its adjusted earnings per share outlook after reporting second-quarter 2026 sales of US$786.31 million, driven by stronger organic revenue and demand for AI-enabled services. The company posted a wider net loss year on year, but management cited healthy organic growth and AI momentum as reasons for lifting guidance, while also outlining plans for selective acquisitions in the second half, stock buybacks, and debt reduction. Stagwell's shares have been on the rise but are still potentially undervalued, according to the article.
Stagwell IncRaises adjusted EPS outlook on stronger organic and AI-driven growth, with plans for buybacks and debt reduction.
International Business Machines