secwatch.observer — SEC 8-K summary
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Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-118561
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald Q3 net loss $11.1M; organic revenue down 5.3%; discontinues 20 events
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- Revenues $72.6M flat YoY; organic revenues $58.7M down 5.3%.
- Net loss $11.1M vs net income $10.7M in Q3 2023; Adjusted EBITDA $12.5M up from $10.8M.
- Discontinued 20 smaller unprofitable events with $20M run-rate revenue for portfolio optimization.
- FY 2024 guidance: revenue at least $400M, Adjusted EBITDA at least $100M (updated).
- Board expanded share repurchase program to $25M through Dec 2025; Q4 dividend $0.015/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000095017024118561/0000950170-24-118561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000095017024118561/eex-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-118561

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