secwatch.observer — SEC 8-K summary
======================================

Issuer:     Pursuit Attractions & Hospitality, Inc. (PRSU)
CIK:        0000884219
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001157523-23-001255
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884219/000115752323001255/0001157523-23-001255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884219/000115752323001255/a53506309.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001255

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