Emerald Holding, Inc. Announces Goodwill Impairment Charges for the Fourth Quarter Ended December 31, 2020
February 18, 2021 at 06:25 am EST
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Emerald Holding, Inc. announces Goodwill impairment charges for the fourth quarter ended December 31, 2020. The company announced Goodwill impairment charges of $39.4 million against $59.8 million 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.