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Viad Corp - VVI STOCK NEWS

Welcome to our dedicated page for Viad news (Ticker: VVI), a resource for investors and traders seeking the latest updates and insights on Viad stock.

Viad Corp (NYSE: VVI) is a distinguished S&P SmallCap 600 diversified services company, operating under three primary segments: Pursuit, Spiro, and GES Exhibitions. Viad Corp has established itself as a leader in providing unparalleled marketing and travel experiences across North America, the United Kingdom, Europe, and the United Arab Emirates.

Pursuit is dedicated to offering inspirational and memorable travel experiences. This segment includes recreational attractions, hotels and lodges, food and beverage services, retail, sightseeing, and ground transportation. Pursuit's comprehensive portfolio ensures guests have remarkable journeys and experiences that last a lifetime.

Spiro is a prominent marketing agency that collaborates with global brands to enhance their experiential marketing initiatives. Spiro specializes in creating dynamic and engaging marketing campaigns, ensuring brands connect with their audiences in meaningful ways.

GES Exhibitions partners with exhibition and conference organizers to deliver a full range of strategic and logistical solutions. This segment is a full-service provider, managing the intricacies of shows and ensuring seamless execution. GES Exhibitions supports organizers in crafting impactful and successful events that resonate with attendees.

Viad Corp's recent achievements and ongoing projects highlight its commitment to innovation and excellence. The company's financial health is robust, underpinned by strategic partnerships and a diverse portfolio of services. Viad Corp continues to excel in delivering high-quality, place-based marketing services, positioning itself as an industry leader in both travel and experiential marketing sectors.

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Viad Corp (NYSE: VVI) to Participate in Upcoming Investor Conferences and Update Investor Presentation on November 15th
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Viad Corp reports strong third-quarter performance with revenue of $365.9 million, a decrease of $16.8 million compared to the previous year. Net income attributable to Viad increased by $3.2 million to $41.3 million. Consolidated adjusted EBITDA increased by $4.3 million to $86.3 million. Pursuit delivered record results with significant margin expansion, while GES saw healthy same-show exhibition growth and new client wins.
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Viad Corp to host teleconference to review Q3 2023 results
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Viad Corp (NYSE: VVI) reported its second-quarter results for 2023, with revenue of $320.3 million, an increase of $1.1 million compared to the same period last year. Net income attributable to Viad was $11.0 million, a decrease of $8.9 million. Consolidated adjusted EBITDA was $42.9 million, a decline of $4.6 million. Pursuit, the leisure travel segment, saw revenue of $88.5 million, an increase of $10.9 million, and adjusted EBITDA of $19.5 million, an improvement of $3.9 million.
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Viad Corp reports strong Q1 2023 results, exceeding expectations. Revenue increased by $83.4 million, net loss improved by $8.1 million, and adjusted EBITDA improved by $14.7 million. Viad raises full-year guidance for revenue, adjusted EBITDA, and free cash flow.
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Viad Corp (NYSE: VVI) will host a teleconference on May 4, 2023, at 5 p.m. Eastern Time to discuss its first-quarter 2023 results. CEO Steve Moster and CFO Ellen Ingersoll will present the financial outcomes and outlook, joined by Pursuit President David Barry. The press release with financial results will be issued on the same day and available on their website, www.viad.com. Interested parties can register for the live conference call via the link provided, with the option to listen through an audio webcast. A replay will be accessible post-call. Viad is known for offering experiential leisure travel and live events through its Pursuit and GES segments, focusing on extraordinary customer experiences.

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Viad Corp (NYSE: VVI) announced that President and CEO Steve Moster and CFO Ellen Ingersoll will attend the 35th Annual Roth Conference on March 13 and 14, 2023, in Dana Point, California. An updated investor presentation will be available on their website on March 13 by 8 a.m. Eastern Time. Viad is a global provider of leisure and hospitality experiences, operating through two main businesses: Pursuit and GES. They focus on delivering extraordinary experiences and sustainable growth for shareholders. Viad is included in the S&P SmallCap 600 index.

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ezCater, a leader in corporate food solutions, announced the appointment of Laura Born and Beverly K. Carmichael to its Board of Directors on March 1, 2023. Both bring significant leadership experience from industries including technology and finance, enhancing the board’s diversity with three women among eight directors. Born has extensive expertise in corporate finance, while Carmichael has a background in human resources and law. Their insights are expected to strengthen ezCater's ability to meet complex customer needs in the evolving food-for-work sector.

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Viad Corp (NYSE: VVI) reported substantial financial recovery in 2022, achieving a record revenue of $1,127.3 million, up $620 million from 2021. The fourth-quarter revenue rose to $248 million, a $64.5 million increase year-over-year. Although the net loss attributable to Viad improved significantly in Q4, reaching a loss of $5.7 million (compared to $22.5 million in Q4 2021), overall annual net income was $23.2 million, a turnaround from a loss of $92.7 million in 2021. Consolidated adjusted EBITDA increased to $116.1 million for the year, marking a $114.8 million growth. The company anticipates continued growth in 2023, driven by lifting COVID restrictions and new Pursuit experiences.

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FAQ

What is the current stock price of Viad (VVI)?

The current stock price of Viad (VVI) is $42.91 as of December 20, 2024.

What is the market cap of Viad (VVI)?

The market cap of Viad (VVI) is approximately 913.0M.

What services does Viad Corp provide?

Viad Corp offers marketing services, travel and recreation experiences, experiential marketing, and live event management through its three segments: Pursuit, Spiro, and GES Exhibitions.

What is the Pursuit segment?

Pursuit offers unforgettable travel experiences, including recreational attractions, hotels, lodges, food and beverage, retail, sightseeing, and ground transportation services.

What does Spiro specialize in?

Spiro is a marketing agency that partners with global brands to enhance their experiential marketing activities, creating impactful marketing campaigns.

What services does GES Exhibitions provide?

GES Exhibitions offers full-service strategic and logistical solutions for exhibition and conference organizers, helping manage the complexity of shows and events.

Where does Viad Corp operate?

Viad Corp operates in North America, the United Kingdom, Europe, and the United Arab Emirates.

How does Viad Corp ensure high-quality services?

Viad Corp maintains high-quality services through strategic partnerships, a diverse portfolio, and a commitment to innovation and excellence.

What recent achievements has Viad Corp attained?

Viad Corp's recent achievements include successful new projects and maintaining strong financial health, further solidifying its industry leadership.

What is the financial condition of Viad Corp?

Viad Corp's financial condition is robust, supported by strategic partnerships and a diverse array of high-quality services.

What type of travel experiences does Pursuit offer?

Pursuit offers a range of travel experiences including recreational attractions, hotels, lodges, food and beverage services, retail, sightseeing, and ground transportation.

What industries is Viad Corp involved in?

Viad Corp is involved in the marketing, travel and recreation, and live events industries through its Pursuit, Spiro, and GES Exhibitions segments.

Viad Corp

NYSE:VVI

VVI Rankings

VVI Stock Data

912.95M
20.56M
2.93%
94.11%
0.93%
Specialty Business Services
Services-business Services, Nec
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United States of America
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