Piper Jaffray Downgrades MDC Partners (MDCA) to Neutral
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April 27, 2015 4:01 PM EDT
NEW YORK, April 27, 2015 /PRNewswire/ --
FIRST QUARTER HIGHLIGHTS:
Revenue increased to $302.2 million from $274.9 million, an increase of 10.0%
Net loss attributable to MDC Partners of ($32.1) million versus ($8.8) million in the same period last year
Organic revenue increased 7.4%
Adjusted EBITDA of $31.2 million versus $35.8 million in the same period last year (see Schedules 2 and 3)
Adjusted EBITDA margin of 10.3% versus 13.0% in the same period last year (see Schedules 2 and 3)
Adjusted EBITDA Available for General Capital Purposes of $10.3 million versus $20.5...
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April 27, 2015 4:01 PM EDT
NEW YORK, April 27, 2015 /PRNewswire/ --Â (NASDAQ: MDCA; TSX: MDZ.A) MDC Partners Inc. ("MDC Partners" or the "Company") today announced that its Board of Directors has declared a cash dividend of $0.21 per share on all of its outstanding Class A shares and Class B shares. The quarterly dividend will be payable on or about May 22, 2015 to shareholders of record at the close of business on May 8, 2015.
About MDC Partners Inc.
MDC Partners is one of the world's largest Business Transformation Organizations... More
