secwatch.observer — SEC 8-K summary
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Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021472
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald Q3 organic rev +33.5% to $56.6M; net income $93M on $149M insurance settlement
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- Revenue $62.4M (-18.4% YoY) as prior year had COVID-postponed events; organic revenue $56.6M (+33.5%).
- Net income $93.0M (vs loss $9.0M) driven by $149.3M insurance litigation settlement.
- Adjusted EBITDA $149.7M (incl settlement); ex-insurance, Adj. EBITDA negative $1.3M.
- Bought back 1.6M shares at avg $3.74; board extended repurchase program to $20M through Dec 2023.
- FY 2022 guidance: >$300M revenue, ~$50M Adj EBITDA; FY 2023 target >$100M Adj EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000095017022021472/0000950170-22-021472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000095017022021472/eex-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021472

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer