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. (NYSE: EEX) is described as the largest U.S.-based B2B event organizer, with a portfolio that includes trade shows, conferences, B2C showcases, hosted buyer platforms, content brands, and digital commerce solutions. The EEX news feed on Stock Titan highlights company announcements that reflect both its operational performance and its role in the broader events and media landscape.
Investors and observers can find earnings releases and financial updates, including quarterly results where Emerald discusses revenues, net income or loss, Adjusted EBITDA, Organic Revenues, and Free Cash Flow. These updates often explain the impact of acquisitions, scheduling adjustments, and discontinued events, as well as non-recurring items related to integration, legal, and financing activities.
The news stream also features strategic and corporate developments such as acquisitions, amendments to senior secured credit facilities, share repurchase program changes, and dividend declarations. For example, Emerald has reported on the acquisition of Generis Group to expand its executive-level summit portfolio, and on a board-approved review of potential strategic options following inquiries about a possible acquisition of the company.
Readers can also follow leadership and organizational updates, including appointments to key roles like Chief Digital Officer and Chief Accounting Officer, which signal the company’s focus on digital transformation, AI integration, and financial reporting capabilities. In addition, brand-level news, such as initiatives connected to MJBizCon and other event properties, illustrates how Emerald’s events evolve and introduce new formats and partnerships.
By monitoring the EEX news page, users can track how Emerald’s trade show, content, and commerce businesses are developing over time, how acquisitions are incorporated into the portfolio, and how management describes the company’s strategic priorities and financial outlook.
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.
Emerald Holding, Inc. (NYSE:EEX) has successfully held over 20 in-person events since June 2021, attracting more than 90,000 attendees and 5,000 exhibiting companies. Attendance levels have reached 30% to 70% of pre-COVID figures, with high exhibitor satisfaction indicated by a 400% increase in net promoter scores compared to 2019. President Hervé Sedky highlights the importance of these events for generating new business and enhancing customer connections. Emerald plans a full event calendar for 2022, aiming to deliver consistent value through live events and year-round solutions.
Emerald Holding (NYSE:EEX) reported Q2 2021 revenue of $15.0 million, up 114.3% year-over-year, yet posted a net loss of $46.5 million compared to net income of $9.9 million in Q2 2020. The company is actively pursuing $167 million in insurance claims related to event cancellations, with $124.7 million received to date. Despite the challenges of COVID-19, Emerald aims to host 86 live events in H2 2021, bolstered by a cash balance of $302.8 million and a robust event cancellation insurance policy. Adjusted EBITDA was -$13.6 million, reflecting ongoing financial pressures.
Emerald Holding, Inc. (NYSE:EEX) announced it will release its Q2 2021 financial results on July 30, 2021, prior to market open. A conference call to discuss these results will follow at 8:30 am ET. Investors can participate by dialing designated numbers, with a replay available until August 6, 2021. The Company focuses on creating dynamic business-to-business platforms, hosting over 140 events annually, and aims to enhance customer success through innovative solutions.
Emerald Holding (NYSE:EEX) has partnered with Comexposium to launch SIAL America, a large-scale food show set for March 22-24, 2022, at the Las Vegas Convention Center. This event aims to enhance the $1.5 trillion Food and Beverage market by connecting food industry stakeholders, including manufacturers, retailers, and distributors. SIAL America will feature diverse categories like Organic, Beverages, and Meat products. The initiative leverages Emerald's event expertise and Comexposium's global SIAL brand, promising substantial networking opportunities for participants.
Emerald Holding, Inc. (NYSE:EEX) reported Q1 2021 revenues of $12.9 million, down 87.1% from $99.7 million in Q1 2020, largely due to COVID-19 event cancellations. The company experienced a net loss of $15.3 million, significantly improved from a net loss of $570.1 million in the prior year, which included substantial non-cash impairments. Adjusted EBITDA was negative $2.7 million, a drop from positive $23.6 million year-over-year. Emerald maintains a strong liquidity position with $293.6 million in cash and is pursuing insurance claims of up to $200 million related to cancellations.