Emerald Q2 2024: Revenue $86M (-0.6%), net loss narrows to $2.8M; initiates $0.015 dividend

Emerald Holding, Inc.

2024-Q2 EPS reported -$0.04 revenue$219,400,000

Revenues $86.0M, down 0.6% YoY; organic revenues up 3.3% to $82.1M.
Net loss improved to $2.8M from $8.1M; diluted loss per share $0.03 vs $0.29.
Adjusted EBITDA $15.3M, up 4.8% from $14.6M.
Board reinstates dividend at $0.015/share, payable Aug 29 to holders of record Aug 19.
Full-year 2024 guidance reaffirmed: revenue $415-425M, Adj. EBITDA $110-115M.

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