Emerald Q4 rev $132.7M (+24% YoY), FY Adj EBITDA $127.1M (+25%); guides FY2026 rev $490-495M

Emerald Holding, Inc.

FY2025 revenue $463.4M (+16.2% YoY); net loss $30.7M vs net income $2.2M prior year, due to contingent consideration remeasurement.
Adjusted EBITDA $127.1M (+25%), Free Cash Flow (ex-insurance) $34.3M.
FY2026 guidance: revenue $490-495M, Adj EBITDA $137.5-142.5M.
Dividend $0.015/share payable April 2; share repurchase extended, $24.6M remaining.
Board evaluating strategic options after acquisition inquiries; Goldman Sachs advising.

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