Emerald Holding Inc. Reports Q2 2025 Revenue Up 22.7% to $105.5M, Net Loss Narrows to $1.4M, Adjusted EBITDA Surges 59.5%
Reuters
Aug 04
Emerald Holding Inc. Reports Q2 2025 Revenue Up 22.7% to $105.5M, Net Loss Narrows to $1.4M, Adjusted EBITDA Surges 59.5%
Emerald Holding, Inc. $(EEX)$, a prominent producer of trade shows and associated conferences, has released its financial results for the second quarter of 2025. The company reported revenues of $105.5 million, marking a 22.7% increase over the second quarter of 2024. This growth was primarily attributed to revenues from recent acquisitions, despite the discontinuation of three unprofitable events. The net loss for the second quarter of 2025 was reduced to $1.4 million, an improvement from a net loss of $2.8 million in the same period of 2024. Adjusted EBITDA, a non-GAAP measure, rose significantly by 59.5% to $24.4 million compared to $15.3 million in the second quarter of 2024. Emerald ended the quarter with $156.4 million in cash and full access to its $110 million revolving credit facility. The company reaffirmed its full-year 2025 guidance, projecting revenues between $450 million and $460 million and Adjusted EBITDA in the range of $120 million to $125 million. In an operational update, Emerald repurchased $6.9 million of its common stock in the second quarter at an average price of $4.24 per share, bringing the year-to-date repurchase total to $15.7 million at an average price of $4.29 per share.
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