Viad Q2 revenue flat at $320M; net income falls to $11M; raises FY guidance on GES strength

Pursuit Attractions & Hospitality, Inc.

2023-Q2 EPS reported -$0.66 revenue$581,102,000

Q2 revenue $320.3M (flat YoY); net income attrib. $11.0M vs $19.8M; adj. EBITDA $42.9M vs $47.5M.
Pursuit revenue +14% to $88.5M; adj. EBITDA $19.5M; new experiences contributed 30% of segment revenue.
GES revenue -4% to $231.8M (sale of ON Services, show rotation); adj. EBITDA $26.8M vs $35.1M.
FY adj. EBITDA guidance raised to $126-143M; Q3 adj. EBITDA guided $77.5-89.5M; GES performance beat prior outlook.
Liquidity $148.2M; total debt $477.9M; Q2 cash from ops $28.7M; capex $21M.

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. updated its the 2023 second quarter guidance (raised).

Period: the 2023 second quarter
Guidance: raised
Result: reported results

Exact text from the filing

On August 3, 2023, we issued a press release announcing our earnings for the second quarter ended June 30, 2023.

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Pursuit Attractions & Hospitality, Inc. filing history →

Source: SEC EDGAR

accession 0001157523-23-001255

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