Emerald Holding, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 06:05 am EST
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Emerald Holding, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 72.5 million compared to USD 62.4 million a year ago. Net income was USD 10.7 million compared to USD 93 million a year ago.
For the nine months, sales was USD 281.3 million compared to USD 232.3 million a year ago. Net income was USD 9.7 million compared to USD 108.4 million a year ago. Basic loss per share from continuing operations was USD 0.33 compared to basic earnings per share from continuing operations of USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.33 compared to diluted earnings per share from continuing operations of USD 0.4 a year ago.
Emerald Holding, Inc. is an operator of business-to-business (B2B) trade shows in the United States. The Company integrates live events, media content, industry insights, digital tools, data-focused solutions and e-commerce platforms into three complementary business lines: Connections, Content and Commerce. Its segments include Connections, All Other and Corporate-Level Activity. The Connections division includes a collection of B2B trade show franchises, which typically hold positions within their respective industry verticals. The Content division includes B2B print publications and digital media products that complement its existing trade show properties. These print and digital media products provide industry-specific business news and information across 20 sectors. The Commerce division offers B2B e-commerce and digital merchandising solutions, serving the needs of manufacturers and retailers through its Elastic Suite and Bulletin platforms.