Viad Q1 revenue up 5% to $274M, adjusted EBITDA grows 27%; maintains FY guidance

Pursuit Attractions & Hospitality, Inc.

2024-Q1 EPS reported -$1.29 revenue$273,497,000

Net loss attributable to Viad $25.1M vs $20.9M loss in Q1 2023; adjusted net loss improved to $21.7M.
Pursuit revenue +14% to $37.2M on strong attractions; FlyOver Chicago opened March 1.
GES revenue +3.6% to $236.3M; GES adjusted EBITDA margin improved 70 bps to $18.9M.
Full-year consolidated adjusted EBITDA guidance maintained at $171M–$191M, 16–30% growth.
Total liquidity $137.2M; net leverage ratio 2.7x at quarter end.

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