Emerald Holding, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 18, 2021 at 06:25 am EST
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Emerald Holding, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 12.2 million compared to USD 44.9 million a year ago. Operating loss was USD 53.6 million compared to USD 76.5 million a year ago. Net loss was USD 58.1 million compared to USD 68.2 million a year ago. Basic loss per share from continuing operations was USD 0.91. For the full year, sales was USD 127.4 million compared to USD 360.9 million a year ago. Operating loss was USD 670.6 million compared to USD 24.7 million a year ago. Net loss was USD 633.6 million compared to USD 50 million a year ago. Basic loss per share from continuing operations was USD 9.07 compared to USD 0.7 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.