Welcome to our dedicated page for Viad news (Ticker: VVI), a resource for investors and traders seeking the latest updates and insights on Viad stock.
The news associated with the historical Viad Corp ticker VVI now centers on Pursuit Attractions and Hospitality, Inc., whose common stock trades on the New York Stock Exchange under the symbol PRSU. Company press releases describe Pursuit as an attractions and hospitality company that owns and operates a collection of experiences in iconic destinations in the United States, Canada, Iceland, and Costa Rica. Its portfolio includes point-of-interest attractions and distinctive lodges, supported by integrated restaurants, retail and transportation.
News updates for this company frequently cover quarterly earnings results, including revenue, income from continuing operations and adjusted EBITDA for Pursuit’s attractions and hospitality platform. These releases also discuss the treatment of the former GES business as a discontinued operation following its sale, so readers can distinguish between historical and continuing operations.
Another recurring theme in Pursuit’s news is its Refresh, Build, Buy growth framework. Articles describe investments to refresh and reposition existing properties, build new experiences, and acquire targeted businesses that fit its focus on iconic destinations. Examples include announcements about the acquisition of Tabacón Thermal Resort & Spa in Costa Rica’s Arenal region and the purchase of the remaining minority interest in Glacier Park, Inc., which owns lodging, dining and retail outlets in and around Glacier National Park.
Investors and followers of the former VVI listing can use this news feed to review Pursuit’s earnings announcements, capital investment updates, acquisition activity and credit facility changes as disclosed in press releases. Regularly checking this page provides a consolidated view of how the attractions and hospitality business associated with the former Viad Corp entity is communicating its performance and strategic actions.
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Viad Corp (NYSE: VVI) will host a teleconference on May 4, 2023, at 5 p.m. Eastern Time to discuss its first-quarter 2023 results. CEO Steve Moster and CFO Ellen Ingersoll will present the financial outcomes and outlook, joined by Pursuit President David Barry. The press release with financial results will be issued on the same day and available on their website, www.viad.com. Interested parties can register for the live conference call via the link provided, with the option to listen through an audio webcast. A replay will be accessible post-call. Viad is known for offering experiential leisure travel and live events through its Pursuit and GES segments, focusing on extraordinary customer experiences.
Viad Corp (NYSE: VVI) announced that President and CEO Steve Moster and CFO Ellen Ingersoll will attend the 35th Annual Roth Conference on March 13 and 14, 2023, in Dana Point, California. An updated investor presentation will be available on their website on March 13 by 8 a.m. Eastern Time. Viad is a global provider of leisure and hospitality experiences, operating through two main businesses: Pursuit and GES. They focus on delivering extraordinary experiences and sustainable growth for shareholders. Viad is included in the S&P SmallCap 600 index.
ezCater, a leader in corporate food solutions, announced the appointment of Laura Born and Beverly K. Carmichael to its Board of Directors on March 1, 2023. Both bring significant leadership experience from industries including technology and finance, enhancing the board’s diversity with three women among eight directors. Born has extensive expertise in corporate finance, while Carmichael has a background in human resources and law. Their insights are expected to strengthen ezCater's ability to meet complex customer needs in the evolving food-for-work sector.
Viad Corp (NYSE: VVI) reported substantial financial recovery in 2022, achieving a record revenue of $1,127.3 million, up $620 million from 2021. The fourth-quarter revenue rose to $248 million, a $64.5 million increase year-over-year. Although the net loss attributable to Viad improved significantly in Q4, reaching a loss of $5.7 million (compared to $22.5 million in Q4 2021), overall annual net income was $23.2 million, a turnaround from a loss of $92.7 million in 2021. Consolidated adjusted EBITDA increased to $116.1 million for the year, marking a $114.8 million growth. The company anticipates continued growth in 2023, driven by lifting COVID restrictions and new Pursuit experiences.
Viad Corp (NYSE: VVI), a leading provider of experiential leisure travel and live events, has announced a teleconference scheduled for February 9, 2023, at 5 p.m. Eastern Time. President Steve Moster and CFO Ellen Ingersoll will discuss the fourth quarter and full year 2022 results, along with an outlook for the future. An accompanying press release will be issued on the same day and available on their website. Viad operates through its subsidiaries, Pursuit and GES, offering unique travel experiences and event management services across North America and Europe.
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