Emerald Holding Inc - EEX STOCK NEWS

The Retail Innovation Conference & Expo (#RICE22) will take place from May 10–12, 2022, in Chicago at McCormick Place. Over 130 industry leaders from major brands like Coach, Target, and Google will speak on the theme "Retail 5.0: Designing the Next Era of Connected Commerce." The event aims to facilitate a blend of digital and physical retail, with new agenda formats for personalized experiences through various tracks. Adam O’Brien, Show Director, emphasized the evolving retail landscape amid the rise of the metaverse, indicating a significant shift in consumer-brand dynamics.

Demand Gen Report announced the winners of the 11th annual Killer Content Awards, recognizing 32 B2B brands for creative and engaging marketing campaigns. The awards featured 17 categories, with Toshiba Global Commerce Solutions winning the B2B’s Choice Award and Video Content category for their unique video series. The event highlighted the importance of innovative storytelling in B2B marketing amidst a crowded digital space. A total of 115 nominations were received, showcasing the best in B2B content strategies.

The Retail Innovation Conference & Expo, taking place in Chicago from May 10-12, has partnered with PAVE to enhance education and mentorship in the retail design community. This collaboration aims to connect students with industry executives, fostering networking opportunities through an AI-powered app and dedicated sessions. PAVE will assist in shaping the conference agenda and drive participation. A portion of exhibitor sales will support PAVE's mission, emphasizing the importance of relationships in creating career opportunities for students entering the retail industry.

Emerald Holding, a leader in B2B trade shows, reported financial results for 2021, showcasing a net loss of $78.1 million, significantly improved from a loss of $633.6 million in 2020. The company hosted 63 in-person events with over 129,000 attendees. Revenue reached $145.5 million, a 14.2% increase year-over-year, influenced by recovered live events. Adjusted EBITDA stood at $45.7 million, reflecting a decrease from $71.9 million in 2020. Emerald completed the acquisition of MJBiz for $120 million and anticipates continued growth with a full 2022 event slate.

Emerald Holding, Inc. (NYSE:EEX) will announce its financial results for Q4 and full-year 2021 on February 24, 2022, before market open. A conference call discussing these results is scheduled for 8:30 a.m. ET that day. Access to the conference call can be obtained via phone or through a webcast on Emerald's investor website. Details for a telephonic replay are also provided, available until March 3, 2022. The company focuses on driving business growth through various services, including events and content creation.

Emerald Holding, Inc. (NYSE:EEX) has completed the acquisition of MJBiz, a major player in the cannabis industry. This move aims to enhance Emerald's customer engagement and optimize its portfolio by tapping into the rapidly growing cannabis sector. MJBiz, founded in 2011, generated approximately $27 million in revenue in 2021 and is known for its premier B2B cannabis trade show, MJBizCon. The acquisition cost Emerald $120 million initially, with potential future payments based on MJBiz's performance.

Emerald Holding, Inc. (NYSE:EEX) announced that CEO Hervé Sedky and CFO David Doft will present at the BofA Securities 2021 Virtual Leveraged Finance Conference on December 1, 2021, at 2:15 p.m. ET. Interested parties can access a live webcast via the company's Investors section. A replay will be available post-presentation. Emerald is renowned for creating dynamic B2B platforms that integrate live events with industry insights and tools, conducting over 140 events annually, supporting customer growth and community engagement.

Emerald Holding, Inc. (NYSE:EEX) reported a net loss of $9.0 million for Q3 2021, a significant improvement from $15.3 million in Q3 2020. Revenues surged to $76.5 million, up 800% year-over-year, benefiting from 32 in-person events serving over 92,000 attendees. Adjusted EBITDA stood at $9.4 million, a turnaround from a negative $3.2 million. The company ended the quarter with $303.6 million in cash and expanded its share repurchase program to $20 million. Insurance claims related to event cancellations totaled $167 million, with $184.3 million received.

Emerald Holding, Inc. (NYSE:EEX) will release its third quarter 2021 financial results on November 1, 2021, before the market opens. A conference call to discuss these results is scheduled for 10:30 AM ET the same day. Investors can access the call via phone or webcast through the company's website. A replay of the call will be available for a limited time. Emerald is known for its dynamic business-to-business platforms and hosts over 140 events annually.