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) announces the MJBizCon, the world’s largest cannabis business conference, taking place from November 16-18, 2022 in Las Vegas. This year marks its 11th edition, expecting over 35,000 industry professionals to participate. The event boasts over 1,400 exhibitors and 70 hours of educational content, featuring notable discussions on growth projections and regulatory reforms. CEO Chris Walsh will present insights on the cannabis industry's future, highlighting opportunities from recent federal changes.
Emerald Holding, Inc. (NYSE: EEX) announced its participation in two major conferences: the Goldman Sachs Virtual EU Communacopia Conference on September 9, 2022, and the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, in New York City. These events will include one-on-one investor meetings and presentations. Interested investors can access a live webcast of the H.C. Wainwright presentation on Emerald's website, with replays available afterward. Emerald focuses on creating business-to-business platforms through live events and industry insights.
Elastic Suite, a leader in B2B eCommerce technology and a subsidiary of Emerald Holding (NYSE:EEX), has partnered with the Association of Golf Merchandisers (AGM). This partnership offers AGM retailers access to Elastic's digital merchandising expertise and a network of global brand partners, enhancing wholesale purchasing efficiency. Additionally, they will co-develop tailored educational programs for retailers, focusing on the latest merchandising practices. This collaboration aims to improve the technology adoption in the golf retail sector, benefiting both retailers and manufacturers.
Emerald Holding, Inc. (NYSE:EEX) announced a significant turnaround in its financial performance, reporting second-quarter 2022 revenues of $71.4 million, up 376% from $15.0 million in Q2 2021. The company resolved outstanding insurance litigation, expecting to receive a settlement of $149.25 million, increasing total expected insurance proceeds to $372.9 million. Adjusted EBITDA reached $15.6 million, a notable recovery from negative earnings in the prior year. Additionally, Emerald has $231.7 million in cash and marketable securities, supporting its growth strategy.
Emerald Holding, Inc. (NYSE: EEX) announced it will release its financial results for Q2 2022 on August 8, 2022, after market close. A conference call to discuss these results is scheduled for 4:30 PM ET the same day. Investors can access the call by dialing 1-800-952-1438 domestically or 1-312-281-1211 internationally, with a replay available after 7:30 PM ET until August 15, 2022. The call can also be streamed live on the company's investor website.
Emerald Holding, Inc. (NYSE: EEX) has announced the acquisition of Bulletin Inc, a wholesale marketplace linking over 3,000 independent brands with 26,000+ retailers. This merger will enhance the NY NOW platform, providing year-round access to innovative brands and creating a 24/7 connection for buyers and sellers. Key Bulletin leaders will join Emerald, with expanded roles to drive growth. The acquisition aims to revitalize the wholesale experience by merging digital and in-person interactions, fostering enduring relationships in the industry.
Emerald Holding (NYSE: EEX) has successfully acquired Advertising Week from Stillwell Partners, enhancing its position in the marketing, media, and technology sectors. This acquisition integrates Advertising Week's global events, e-learning, and content platforms with Emerald's 365-customer engagement strategy. With more than 100,000 annual attendees and plans for expansion, this move aims to diversify Emerald's offerings and accelerate growth. Key leadership from Advertising Week will remain to guide operations.
Emerald Holding, Inc. (NYSE: EEX) announced that CFO David Doft will participate in the Sidoti Summer Small Cap Virtual Conference on June 16, 2022, with a presentation scheduled at 9:15 a.m. ET.
Investors can access the live webcast on the Investors section of Emerald's website, where a replay will also be available. The company emphasizes its commitment to building dynamic B2B platforms that combine live events with industry insights and digital tools. Emerald hosts over 140 events annually, fostering connections within various industries.
Emerald Holding (NYSE:EEX) has announced the launch of a new division called Xcelerator, aimed at accelerating market diversification by creating innovative brands that foster community engagement. This division will leverage Emerald's extensive experience across over 150 events and various digital solutions. Targeting emerging markets, Xcelerator is set to introduce brands in mental health, Web3, and breakthrough medicine in 2022 and beyond. The initiative follows Emerald’s recent acquisitions of MJBiz and Elastic Suite, showcasing their commitment to innovation.
Emerald Holding, Inc. reported Q1 2022 revenues of $98.5 million, soaring 663.6% from $12.9 million in Q1 2021. The net income reached $22.6 million, reversing a $15.3 million loss a year earlier. Adjusted EBITDA stood at $54.4 million, up from a negative $2.5 million. Emerald successfully hosted 31 events, attracting over 141,000 attendees. The company maintains strong cash reserves of $254.4 million and aims for $300 million in revenue for 2022, driven by increased event activity and anticipated insurance recoveries.