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MDC Partners, Inc. (MDCA) CEO Mark Penn on Q4 2020 Results - Earnings Call Transcript

Mar. 02, 2021 1:11 PM ETStagwell Inc. (STGW)
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MDC Partners, Inc. (MDCA) Q4 2020 Earnings Conference Call March 2, 2021 8:30 AM ET

Company Participants

Alexandra Ewing - Chief Communication Officer

Mark Penn - Chairman and Chief Executive Officer

Frank Lanuto - Chief Financial Officer

Conference Call Participants

Avi Steiner - JPMorgan


Good day, and welcome to the MDC Partners Fourth Quarter and Year-End Results Conference Call. All participants will be in a listen-only mode. After today’s presentation there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Alexandra Ewing. Please go ahead.

Alexandra Ewing

Thank you, and good morning, everyone. Welcome to the MDC Partners conference call for the fourth quarter and full year 2020. Joining me today are Mark Penn, Chairman and Chief Executive Officer; Frank Lanuto, Chief Financial Officer; and David Ross, General Counsel.

Before we begin our prepared remarks, I'd like to remind you that the following discussion contains forward-looking statements and non-GAAP financial data. Forward-looking statements about the company, including those related to earnings guidance, are subject to uncertainties referenced in the cautionary statements included in our earnings release and slide presentation and are further detailed in the company's Form 10-K and subsequent SEC filings.

For your reference, we've posted an investor presentation to our website. We also refer you to this morning's press release and slide presentation for definitions, explanations and reconciliations of non-GAAP financial data.

And now to start the call, I'd like to turn it over to our Chairman and Chief Executive Officer, Mark Penn.

Mark Penn

Thank you, Alex. Good morning, and thank you for joining us. We'll cover a few important topics in the call today. First, we'll review MDC's progress in Q4 in 2020 against the backdrop of uniquely challenging global conditions. I'll discuss our planned

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