secwatch.observer — SEC 8-K summary
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Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000950170-23-058995
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald Q3 revenue up 16% to $72.5M; cuts FY guidance to $385-395M rev, $95-100M EBITDA
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- Revenue $72.5M (+16% YoY); Organic revenue $68.5M (+22%). Core trade show strong, content weak.
- Net income $10.7M vs $93.0M; Adjusted EBITDA $10.8M vs $149.7M (ex-insurance: $8.0M vs -$1.3M).
- FY guidance reduced: revenue $385-395M, Adj. EBITDA $95-100M, due to tech ad spending softness.
- Board expanded share repurchase program to $25M through Dec 2024; prior remaining $3M.
- Cash $200.3M; full $110M revolver availability. Year-to-date revenue growth 21%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000095017023058995/0000950170-23-058995-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000095017023058995/eex-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-058995

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