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Emerald Holding, Inc. - $EEX STOCK NEWS

Welcome to our dedicated page for Emerald Holding news (Ticker: $EEX), a resource for investors and traders seeking the latest updates and insights on Emerald Holding stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Emerald Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Emerald Holding's position in the market.

Rhea-AI Summary

Emerald Holding, Inc. (NYSE: EEX) reported a 9.1% revenue growth in Q1 2024, reaching $133.4 million, with net income at $11.0 million. The company expects revenue of $415-425 million and Adjusted EBITDA of $110-115 million for FY 2024. Organic revenue increased by 11.7% to $128.6 million, driven by events and acquisitions. The company ended the quarter with $186.8 million in cash and full credit facility availability.

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-0.86%
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Emerald Holding, Inc. (NYSE: EEX) announced the release of its first quarter 2024 financial results on May 7, 2024, followed by a conference call at 8:30 am ET. The company focuses on growing customer businesses through connections, content, and commerce, with a commitment to industry development and community support.

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Emerald Holding, Inc. (NYSE: EEX) announced the mandatory conversion of its Series A Convertible Participating Preferred Stock to common stock, effective May 2, 2024. The conversion is due to the closing share price exceeding $6.16 for 20 consecutive trading days. Former holders of the Series A Preferred Stock will receive approximately 1.97 shares of Common Stock for each share converted, with cash paid for fractional shares. Up to 140,781,525 new shares of Common Stock will be issued, with a total of 63,055,460 shares currently outstanding.
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Emerald Holding, Inc. (NYSE: EEX) CFO to Participate in 36th Annual Roth Conference
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Emerald Holding, Inc. (NYSE: EEX) reported a 17.5% year-over-year revenue growth in 2023, with revenues reaching $382.8 million. Despite a net loss of $8.2 million, the company's Adjusted EBITDA was $97.8 million. Operational highlights include expansion into the consumer live events market and strong growth in core trade show business.
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Emerald Holding, Inc. (NYSE: EEX) will release its financial results for Q4 and full year 2023 on February 29, 2024. A conference call will be held at 8:30 am ET the same day. Investors can access the call via phone or webcast.
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NY NOW, owned by Emerald Holding, is preparing for the 100th anniversary of the event with the upcoming 2024 Winter Market. The event will feature key enhancements to provide a more collaborative and immersive experience for exhibitors and attendees. NY NOW draws top buyers in the gift, home, and accessories industries, offering a meticulously curated space for trendspotting, discovering emerging brands, and networking with industry leaders. The Winter Market will include immersive experiences, live programming, lobby installations, and vibrant receptions to deepen community connections and celebrate the industry's commitment to the event. The event also offers Market 'Destinations' dedicated to fostering and connecting specialized communities. NY NOW will also feature a suite of updates, including smarter merchandising, dedicated product neighborhoods, an emphasis on content programming, and a hybrid market experience through NY NOW Online.
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Emerald Holding, Inc. (NYSE: EEX) reported a 16.2% increase in revenues for Q3 2023 compared to Q3 2022, reaching $72.5 million. Organic revenues also grew by 22.1% to $68.5 million. Net income for Q3 2023 was $10.7 million, down from $93.0 million in Q3 2022. The company's full-year guidance for 2023 has been adjusted to a revenue range of $385 million - $395 million and Adjusted EBITDA range of $95 million - $100 million.
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Emerald Holding, Inc. will release its financial results for Q3 2023 on November 6, 2023. A conference call will be held at 8:30 am ET to discuss the results. Interested investors can access the webcast on Emerald's website.
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Emerald Holding, Inc. (NYSE: EEX) announced its participation in investor conferences. They will present at Deutsche Bank's 31st Annual Leveraged Finance Conference on October 3, 2023, and Maxim Group's 2023 Virtual Tech Conference on October 10, 2023. Interested investors can access the webcasts on the company's website.
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Rhea-AI Sentiment
End-of-Day
-1.86%
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conferences
Emerald Holding, Inc.

NYSE:EEX

EEX Rankings

EEX Stock Data

362.57M
15.10M
1.67%
89.99%
0.39%
Convention and Trade Show Organizers
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
SAN JUAN CAPISTRANO

About EEX

emerald expositions is a leading organizer of customer-focused tradeshows and consumer events within the united states. our extensive portfolio of more than 50 tradeshows, conferences and consumer events connect thousands of buyers and sellers across nine diversified industries: gift, home & general merchandise; sports & apparel; licensing; jewelry, luxury & antiques; photo; design; healthcare; military and ecommerce. armed with industry analysis and market intelligence, emerald expositions products and services ensure that our customers can establish and cultivate business relationships, generate new leads and market themselves successfully. we are always looking to add top talent to our roster to meet the highest standards of excellence our clients deserve. with headquarters in san juan capistrano, california, and offices in los angeles, chicago, alpharetta, atlanta, naples, manhattan and westchester, new york, we have a wide range of opportunities throughout our multiple locations.