secwatch.observer — SEC 8-K summary
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Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001564590-22-018678
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald Q1 revenue $98.5M, net income $22.6M; guides FY22 revenue >$300M, Adj EBITDA >$50M
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- Revenue $98.5M (+663.6% YoY); net income $22.6M vs loss $15.3M; diluted EPS $0.07 vs ($0.33).
- Adjusted EBITDA $54.4M vs ($2.5M); free cash flow $29.8M vs $0.6M.
- Received $28.8M in event cancellation insurance proceeds during Q1; total claims submitted $347.5M, paid $213.1M to date.
- Repurchased 0.3M shares at avg $3.63; cash $254.4M at quarter end; $110M revolver undrawn.
- FY22 guidance: revenue >$300M, Adj EBITDA >$50M (ex insurance), free cash flow $70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000156459022018678/0001564590-22-018678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000156459022018678/eex-8k_20220509.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-018678

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