Emerald Expositions Events ( (EEX) ) has released its Q4 earnings. Here is a breakdown of the information Emerald Expositions Events presented to its investors.
Emerald Holding, Inc. is the largest U.S.-based B2B event organizer, specializing in trade shows, conferences, and commerce-driven solutions across various industries, providing a platform for businesses to connect and grow year-round.
In its latest earnings report, Emerald Holding, Inc. announced a 4.2% increase in annual revenue for 2024, reaching $398.8 million, alongside strategic acquisitions aimed at expanding its event portfolio and enhancing growth prospects.
Key financial highlights include a significant turnaround from a net loss of $8.2 million in 2023 to a net income of $2.2 million in 2024. The company’s adjusted EBITDA also saw an increase, reaching $101.7 million, attributed to organic growth and strategic acquisitions. Emerald’s acquisition of This is Beyond and Insurtech Insights for $160 million is expected to contribute significantly to its 2025 revenue and EBITDA targets.
The company also focused on strengthening its capital structure, completing a refinancing of its term loan and extending its credit facility. Additionally, Emerald returned $11.4 million to shareholders through stock buybacks and dividends in the fourth quarter, reflecting its commitment to shareholder value.
Looking ahead, Emerald anticipates continued growth in 2025, with projected revenues between $450 million and $460 million and adjusted EBITDA between $120 million and $125 million, driven by recent acquisitions and strategic portfolio optimization.
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