MDC Partners posted a 2.3% increase in first quarter revenue to $309M, while its net loss narrowed to $23.3M for the period.
MDC said organic revenue growth climbed 2.2%, an "uneven" performance that nevertheless left MDC on track to make financial targets for the year, said chairman and CEO Scott Kauffman.
Net new business totaled $19.8M.
MDC did not break down revenue by segment, but reported its advertising and communications group, which includes PR units like Allison+Partners and Kwittken, saw a 3.3% decline in EITDA to $42.8M for the period.
While specialization is essential, siloed execution can subtract from the impact of corporate purpose and narratives. The result is missed opportunities to lead. 
