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.
Emerald Holding, Inc. reports news centered on its business-to-business events platform, including trade shows, conferences, B2C showcases, executive peer networks, content products and commerce-driven digital solutions. The company serves exhibitors, buyers, manufacturers and retailers through live events, media products, lead-generation tools and B2B e-commerce and digital merchandising capabilities such as Elastic Suite.
Recurring updates include quarterly and annual results, revenue outlooks, portfolio acquisitions, event launches, capital actions such as dividends, credit and financing developments, and leadership changes tied to accounting, digital strategy and public reporting. Company announcements also discuss demand trends, rebooking activity and technology initiatives across its Connections-centered event portfolio.
Emerald Holding (NYSE: EEX) reported strong financial results for Q4 and full year 2024, with revenues reaching $398.8 million, up 4.2% from 2023. The company achieved net income of $2.2 million in 2024, compared to a net loss of $8.2 million in 2023.
Key highlights include:
- Organic revenue growth of 5.9% to $385.3 million
- Adjusted EBITDA of $101.7 million, up from $97.8 million in 2023
- Returned $11.4 million to shareholders through buybacks and dividends in Q4
- Acquired This is Beyond and Insurtech Insights for approximately $160 million
For 2025, Emerald projects revenue of $450-460 million and Adjusted EBITDA of $120-125 million, including approximately $40 million in revenue and $15 million in Adjusted EBITDA contribution from recent acquisitions. The company also completed refinancing with a new $515 million term loan facility maturing in 2032.
Emerald Holding (NYSE: EEX) has scheduled its fourth quarter and full year 2024 financial results release for March 14, 2025, before market open. The company will host a conference call at 8:30am ET the same day to discuss the results.
The conference call will be accessible via phone at 1-800-715-9871 (domestic) or 1-646-307-1963 (international). A replay will be available until March 21, 2025, at 11:59pm ET.
Additionally, Emerald's Board of Directors has declared a quarterly dividend of $0.015 per share for Q1 2025, payable on March 20, 2025, to stockholders of record as of March 10, 2025.
Emerald Holding (NYSE: EEX), America's largest trade show producer, has successfully completed a major financial restructuring. The company refinanced its existing $409 million First Lien Term Loan with a new $515 million senior secured term loan facility, maturing January 30, 2032. Additionally, Emerald extended its $110 million revolving credit facility to January 30, 2030.
The refinancing features improved terms and lower interest rates, reflecting market confidence in Emerald's business fundamentals and cash flow profile. The proceeds will be used to refinance existing loans, with the balance available for general business purposes, including potential acquisitions. The revolving credit facility remains undrawn and can be utilized for similar purposes.
Emerald Holding (NYSE: EEX), America's largest trade show producer, has announced its management's participation in two major investor conferences in December 2024. CEO Herve Sedky and CFO David Doft will present at the Bank of America Leveraged Finance Conference in Boca Raton on December 3. Additionally, CFO David Doft will attend the UBS Global Media and Communications Conference in New York on December 10. Interested parties can schedule meetings through their Bank of America or UBS representatives.
Emerald Holding (NYSE: EEX) reported Q3 2024 financial results with revenues of $72.6 million, a slight 0.1% increase from Q3 2023. The company posted a net loss of $11.1 million compared to net income of $10.7 million in Q3 2023. Adjusted EBITDA reached $12.5 million, up from $10.8 million year-over-year. The company has discontinued 20 smaller, unprofitable events totaling $20 million of run-rate revenue as part of portfolio optimization. Updated FY 2024 guidance expects at least $400 million revenue and $100 million Adjusted EBITDA. The board declared a quarterly dividend of $0.015 per share and expanded its share repurchase program to $25 million through December 2025.
Emerald Holding (NYSE: EEX) has announced it will release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. The company will host a conference call at 8:30am ET the same day to discuss the results. Investors can access the call via phone using the provided domestic and international dial-in numbers, or through a webcast available on Emerald's investor website. A replay will be available until November 6, 2024.
Emerald Holding, Inc. (NYSE: EEX), America's largest producer of trade shows and associated conferences, content, and commerce, has announced that CEO Hervé Sedky will participate in a fireside chat at Advertising Week New York 2024. The event is scheduled for October 7-10, 2024, at The Penn District in New York, NY.
The fireside chat, hosted by Rosenblatt Securities analyst Barton Crockett, will take place on Wednesday, October 9, 2024, at 12:00pm ET as part of the event's Investor Summit track. A replay of the chat will be available on Emerald's Investor Relations website after the event concludes. Those interested in attending Advertising Week NY in person can register through the event's official website.
Emerald Holding (NYSE: EEX), America's largest trade show producer, has announced its participation in Deutsche Bank's 32nd Annual Leveraged Finance Conference. The event is scheduled for September 23-25, 2024 in Scottsdale, Arizona. Emerald will present on September 24, 2024, at 4:15 PM PT / 7:15 PM ET.
As a key player in the trade show industry, Emerald's participation in this conference highlights its significance in the leveraged finance sector. Investors and interested parties can access a webcast of Emerald's presentation through the company's Investor Relations website, providing an opportunity to gain insights into Emerald's financial strategies and market position.
Emerald Holding (NYSE: EEX) reported its Q2 2024 financial results, with revenues at $86.0 million, showing a slight decrease of 0.6% compared to Q2 2023. However, organic revenues increased by 3.3%, reaching $82.1 million. The company experienced a net loss of $2.8 million, a significant improvement from the $8.1 million net loss in Q2 2023. Adjusted EBITDA was $15.3 million, up from $14.6 million in the same period last year. Emerald ended the quarter with $193.2 million in cash and a fully available $110.0 million revolving credit facility.
The board approved a quarterly dividend of $0.015 per share. For the full year, Emerald maintains its revenue guidance of $415-$425 million and Adjusted EBITDA of $110-$115 million.
CEO Hervé Sedky highlighted strong momentum and customer value in live events. CFO David Doft noted sustained positive trends and forward visibility into trade show bookings.
Emerald Holding (NYSE: EEX) has announced the date for its second quarter 2024 financial results conference call. The company will release its financial results before the market opens on Wednesday, August 7, 2024. A conference call to discuss the results will be held at 8:30 am ET on the same day.
Investors can access the call by dialing 1-800-717-1738 (domestic) or 1-646-307-1865 (international). A telephonic replay will be available from 11:30 am ET until August 14, 2024, using the passcode 1178913. Additionally, a live webcast of the conference call can be accessed through the Investors section of Emerald's website, with an online replay available immediately following the call.