Emerald Expositions Events Inc.
- Emerald Holding Inc. surged 12% to $4.09 after the producer of trade shows and their associated conferences, content, and commerce reported higher revenue in the fourth quarter of 2024.
Revenue increased 5.2% to $106.8 million from $101.5 million, net income rose to $5.1 million from a loss of $17.9 million, and diluted earnings per share edged up to 3 cents from a loss of 46 cents a year ago.
The company repurchased 1,776,884 shares for $8.4 million in the quarter at an average price of $4.68 per share.
The company extended its share repurchase program for the repurchase of $25 million through December 31, 2025.
Since the restart of the share repurchase program in 2021 through December 31, 2024, the company has bought back a total of 13.3 million shares for $53.7 million.
In February 2025, Emerald proposed a dividend for the quarter ending March 31 of $0.015 per share, payable on March 20 to shareholders on record as of March 10.
Following quarter end, the company agreed to acquire This is Beyond, the UK-based architect of luxury travel B2B trade shows, and completed the acquisition of Insurtech Insights, an operator of large-scale insurance technology conferences across the U.S., Europe, and Asia.
“These strategic acquisitions expand and diversify our portfolio, reinforcing Emerald’s leadership in high-value, growth-oriented industries while sharpening our competitive position,” the company said in a release to investors.
Emerald guided full-year revenue to be between $450 million and $460 million, up from $398.8 million in 2024, and adjusted EBITDA between $120 million and $125 million, up from $101.7 million a year ago.
Mar 17, 2025 - Emerald Holding, Inc said revenue in the fourth quarter increased 127.7% to $93.6 million from $41.1 million and the event management company swung to a profit of $22.4 million from a loss of $8.9 million and diluted earnings per share was 6 cents compared to ($0.26) a year ago.
Fourth quarter 2022 organic revenue, which excludes recent acquisitions of Advertising Week and MJBiz, increased 27.2% from the previous year to $52.9 million, reflecting a $10.4 million increase in revenues from events that traded in both periods, $1.9 million from newly launched events and $1.4 million from increased subscription software revenues partially offset by softness in other marketing services.
Revenue in the full-year 2022 increased 124% to $32.59 million from $145.5 million and the company swung to a profit of $130.8 million from a loss of $79.7 million and diluted earnings per share was 46 cents from ($1.42) a year ago.
Mar 15, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -0.04 | -0.29 | 0.00 | - | - | |
| 2022 | - | - | - | 0.13 | 0.46 | |
| 2021 | - | - | - | -1.62 | -1.62 | |
| 2020 | - | 0.28 | - | -9.07 | -9.09 | |
| 2019 | 0.36 | 0.16 | -0.27 | -0.7 | -0.7 | |
| 2018 | 0.5 | 0.08 | 0.28 | -1.2 | -0.34 | |
| 2017 | 0.44 | 0.18 | 0.36 | 0.01 | 0.99 | |
| 2016 | 0.45 | - | 0.73 | - | - | |
| 2015 | - | - | - | - | - | |
| 2014 | - | - | - | 0.00 | -0.13 |