Emerald Holding, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 02, 2020 at 04:10 pm EST
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Emerald Holding, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 8.5 million compared to USD 75.6 million a year ago. Operating loss was USD 17.5 million compared to USD 15.8 million a year ago. Net loss was USD 15.3 million compared to USD 19.7 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 0.27 a year ago. For the nine months, sales was USD 115.2 million compared to USD 316 million a year ago. Operating loss was USD 617 million compared to operating Income of USD 51.8 million a year ago. Net loss was USD 575.5 million compared to net income of USD 18.2 million a year ago. Basic loss per share from continuing operations was USD 8.16 compared to basic earnings per share from continuing operations of USD 0.25 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.
EMERALD HOLDING, INC. 
