Emerald Q1 revenue up 9.1% to $133.4M, net income $11.0M; reaffirms FY2024 guidance

Emerald Holding, Inc.

2024-Q1 EPS reported $0.00 revenue$133,400,000

Revenue $133.4M (+9.1% YoY); net income $11.0M vs $7.1M; adj. EBITDA $40.8M vs $36.5M.
Organic revenue grew 11.7% to $128.6M; Connections segment organic up 13.0%.
Completed mandatory conversion of Series A Preferred into common stock.
Reaffirmed FY2024 guidance: revenue $415-425M, adj. EBITDA $110-115M.
Acquired Hotel Interactive in Jan 2024; ended Q1 with $186.8M cash and undrawn $110M revolver.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Emerald Holding, Inc. reported first quarter ended March 31, 2024 results: revenue $133.4 million, net income $11.0 million. Guidance reaffirmed.

Period: first quarter ended March 31, 2024
Revenue: $133.4 million
Net income: $11.0 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

shows and their associated conferences, content and commerce, today reported financial results for the first quarter ended March 31, 2024. Financial Highlights • Revenues of $133.4 million for the first quarter 2024, an increase of $11.1 million, or 9.1% over Q1 2023, primarily due to growth in events and a new acquisition. • Organic Revenues, a non-GAAP measure,

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Source: SEC EDGAR

accession 0000950170-24-053882

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