Company: STGW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000876883-25-000017
Chunk: 39

Company: Stagwell Inc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 39
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iluted EPS and Adjusted Diluted EPS for the three months ended March 31, 2025, were as follows:

GAAPAdjustmentsNon-GAAP(amounts in thousands, except per share amounts)Net income (loss) attributable to Stagwell Inc. common shareholders$(2,917)$18,439 $15,522 Net income (loss) attributable to Class C shareholders(6,637)24,513 17,876 Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net income$(9,554)$42,952 $33,398 Weighted average number of common shares outstanding112,088 9,462 121,550 Weighted average number of shares of Class C Common Stock outstanding151,649 — 151,649 Weighted average number of shares outstanding263,737 9,462 273,199 Diluted EPS and Adjusted Diluted EPS (1)$(0.04)$0.12 Adjustments to Net Income (loss)Amortization$32,981 Stock-based compensation11,543 Deferred acquisition consideration6,657 Other items, net2,091 53,272 Adjusted tax expense(10,320)$42,952 

  (1) Adjusted Diluted EPS is defined within the Non-GAAP Financial Measures section of the Executive Summary.

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Diluted EPS and Adjusted Diluted EPS for the three months ended March 31, 2024, were as follows:

GAAPAdjustmentsNon-GAAP(amounts in thousands, except per share amounts)Net income (loss) attributable to Stagwell Inc. common shareholders$(1,506)$19,480 $17,974 Net income attributable to Class C shareholders— 24,554 24,554 Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net income$(1,506)$44,034 $42,528 Weighted average number of common shares outstanding116,405 4,534 120,939 Weighted average number of shares of Class C Common Stock outstanding— 151,649 151,649 Weighted average number of shares outstanding116,405 156,183 272,588 Diluted EPS and Adjusted Diluted EPS (1)$(0.01)$0.16 Adjustments to Net income (loss)Amortization$28,