earnings
confidence high
sentiment positive
materiality 0.80
Emerald FY2024 rev $398.8M, net income $2.2M; acquires events for ~$160M; 2025 rev guidance $450-460M
Emerald Holding, Inc.
- Full-year 2024 revenue $398.8M (+4.2% YoY); net income $2.2M vs. net loss $8.2M in 2023.
- Adjusted EBITDA $101.7M (+4.0% YoY); guided 2025 rev $450-460M, adj. EBITDA $120-125M.
- Acquired Insurtech Insights and signed deal for This Is Beyond for ~$160M total; first event adds luxury travel.
- Refinanced term loan to $515M due 2032; extended revolver to 2030; Q4 bought back $8.4M shares.
- Declared Q1 2025 dividend $0.015/share payable March 20, 2025.