Emerald Holding, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 01, 2021
November 01, 2021 at 08:00 am EDT
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Emerald Holding, Inc. reported earnings results for the third quarter and nine months ended November 01, 2021. For the third quarter, the company reported sales was USD 76.5 million compared to USD 8.5 million a year ago. Net loss was USD 9 million compared to USD 15.3 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 0.25 compared to USD 0.31 a year ago.
For the nine months, sales was USD 104.4 million compared to USD 115.2 million a year ago. Net loss was USD 70.8 million compared to USD 599.7 million a year ago. Basic loss per share from continuing operations was USD 1.35 compared to USD 8.49 a year ago. Diluted loss per share from continuing operations was USD 1.35 compared to USD 8.49 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.