Welcome to our dedicated page for Emerald Holding news (Ticker: EEX), a resource for investors and traders seeking the latest updates and insights on Emerald Holding stock.
Emerald Holding, Inc. (NYSE: EEX) is a premier organizer of customer-focused tradeshows and consumer events across the United States. Headquartered in San Juan Capistrano, California, with additional offices in major cities including Los Angeles, Chicago, Alpharetta, Atlanta, Naples, Manhattan, and Westchester, New York, the company boasts a diverse portfolio of more than 50 tradeshows, conferences, and events.
Emerald Holding operates in nine key industries:
- Gift, Home & General Merchandise
- Sports & Apparel
- Licensing
- Jewelry, Luxury & Antiques
- Photo
- Design
- Healthcare
- Military
- eCommerce
Emerald Holding’s business is broadly categorized into three complementary divisions: Connections, Content, and Commerce. The Connections division features a collection of B2B trade show franchises and live events, which allow exhibitors to engage with buyers and elevate brand awareness. The Content division includes B2B print publications and digital media products that support the trade show properties. The Commerce division offers software-as-a-service technology through platforms like Elastic Suite and Bulletin, enabling continuous B2B transactions for customers.
In terms of financial performance, the majority of revenue is driven by the Connections segment, leveraging industry analysis and market intelligence to help customers build relationships, generate leads, and market their products effectively. Emerald Holding continues to seek top talent to maintain its high standards of excellence across its expansive range of operations.
Emerald Holding, Inc. (NYSE: EEX) announced it will release its financial results for the first quarter of 2023 on
Emerald aims to cultivate customer growth year-round through events, matchmaking, and lead-generation services, while integrating digital and in-person platforms.
Emerald Holding reported a remarkable 124.0% revenue growth for FY 2022, totaling $325.9 million, driven by the recovery of live events. The company achieved net income of $130.8 million, a significant turnaround from a loss of $79.7 million in 2021. Adjusted EBITDA soared to $239.6 million from $44.1 million, indicating robust operational performance. In 2023, Emerald forecasts revenues exceeding $400 million and an Adjusted EBITDA of $100 million. With 124 in-person events staged and three strategic acquisitions made in 2022, Emerald is poised for continued growth.
Emerald Holding, Inc. (NYSE:EEX) will release its financial results for the fourth quarter and full year 2022 on March 14, 2023, before the market opens. A conference call to discuss the results is scheduled for 8:30 am ET the same day. Investors can join the call by dialing 1-877-407-9039 (domestic) or 1-201-689-8470 (international). A replay will be accessible post-call until March 21, 2023. Emerald connects customers through various services and events, aiming to enhance business opportunities and product discovery.
Emerald Holding, Inc. (NYSE:EEX) has acquired Lodestone Events, known for the Overland Expo series, enhancing Emerald's consumer lifestyle event portfolio. This strategic move aims to strengthen Emerald's position in high-growth markets and expand its business-to-consumer (B2C) offerings. All Lodestone employees will integrate into Emerald, with founders joining the management team. The acquisition supports Emerald's goal of increasing top-line growth and shareholder value, with the first major event, Outdoor Adventure X, scheduled for June 17-18, 2023, in Huntsville, Utah.
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