Viad Q1 revenue up 47% to $260.8M, raises full-year guidance

Pursuit Attractions & Hospitality, Inc.

2023-Q1 EPS reported -$1.10 revenue$260,791,000

Revenue $260.8M vs $177.4M YoY; net loss improved to $20.9M from $29.0M.
Adjusted EBITDA of $3.4M vs $(11.3)M, exceeding high end of prior guidance.
Pursuit revenue +37% to $32.7M; GES revenue +49% to $228.1M, both driven by demand rebound.
Full-year guidance raised: revenue up low single digits, Adj. EBITDA $124-141M from $116.1M.
Q2 2023 revenue expected $289-313M; Adj. EBITDA $39-46M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Pursuit Attractions & Hospitality, Inc. reported the 2023 first quarter results: revenue $260.8, net income $(20.9). Guidance raised.

Period: the 2023 first quarter
Revenue: $260.8
Net income: $(20.9)
Guidance: raised
Result: reported results

Exact text from the filing

events and marketing experiences, today reported results for the 2023 first quarter. Financial Highlights Three months ended March 31, (in millions) 2023 2022 Change Revenue $ 260.8 $ 177.4 $ 83.4 Net Loss Attributable to Viad $ (20.9 ) $ (29.0 ) $ 8.1 Net Loss Before Other Items* $ (22.0 ) $ (27.3 ) $ 5.3 Consolidated Adjusted EBITDA* $ 3.4 $ (11.3 ) $ 14.7

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Source: SEC EDGAR

accession 0001157523-23-000744

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