Emerald Holding, Inc.

NYSE•EEX

CEO: Mr. Herve Sedky

Sector: Communication Services

Industry: Advertising Agencies

Listing Date: 2017-04-28

Emerald Holding, Inc. operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms. The company serves retail, design, technology, equipment, and safety and security. Emerald Holding, Inc. was incorporated in 2013 and is headquartered in New York, New York.

Contact Information

100 Broadway, 14th Floor, New York, NY, 10005, United States

949-226-5700

www.emeraldx.com

Market Cap

$805.75M

P/E (TTM)

-26.2

3.4

Dividend Yield

1.5%

52W High

$5.45

52W Low

$3.22

52W Range

38%

Rank48Top 64.4%

3.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$132.70M+0.00%

4-Quarter Trend

EPS

-$0.15+0.00%

4-Quarter Trend

FCF

$30.20M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue Growth Strong Nine months revenues reached $330.7M, marking a 13.3% increase from prior period, driven by acquisitions.

Profitability Improvement Noted Net loss narrowed significantly to $(0.5)M for nine months, an 82.8% reduction compared to the prior year.

EBITDA Surges Operationally Adjusted EBITDA grew $22.2M to $90.8M for nine months, reflecting 32.4% operational improvement excluding one-time items.

Major Acquisitions Completed Completed three major acquisitions; financing growth with $513.7M outstanding debt following January 2025 refinancing.

Risk Factors

Intangible Asset Impairment Recognized $6.3M non-cash impairment charge on indefinite-lived trade names during nine months ended September 30, 2024.

Interest Rate Exposure $513.7M variable rate debt exposes interest expense to rate fluctuations; 0.25% rise costs $1.3M annually.

Event Cancellation Coverage Insurance policies exclude communicable diseases, posing liquidity risk from future pandemic-related event cancellations.

Organic Growth Slow Organic revenue growth was 1.0% for nine months; acquisition revenue drove total revenue growth to 13.3%.

Outlook

Debt Refinancing Complete Secured $515.0M term loan facility maturing in January 2032; company confirms compliance with all covenants.

Share Buyback Expansion Board approved expanding common stock repurchase program up to $25.0M through December 31, 2026.

Future Dividend Declared Declared $0.015 per share dividend for Q4 2025, payable November 20, 2025, showing capital return focus.

Evaluating Tax Law Impact Evaluating impact of newly enacted OBBBA regarding expensing R&E expenditures and increased interest deductibility caps.

Peer Comparison

Revenue (TTM)

SBGI

$3.17B

-10.7%

GCI

$2.30B

-8.3%

DLX

$2.13B

+0.5%

Gross Margin (Latest Quarter)

EVER

97.7%

+1.1pp

FVRR

81.6%

-0.2pp

EEX

78.4%

-2.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
DLX	$1.20B	14.3	13.1%	54.1%
CCO	$1.19B	-12.6	2.7%	169.0%
SBGI	$973.88M	-8.8	-28.2%	76.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-3.5%

Flat Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data