Viad Corp. (VVI) Reports In-Line Q3 EPS, Revenues Miss

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Go back to Viad Corp. (VVI) Reports In-Line Q3 EPS, Revenues Miss

Viad Corp Reports 2018 Third Quarter Results

October 25, 2018 4:10 PM EDT

Consolidated Revenue Grew 5.6%
GES Continued to Deliver Base Same-Show Growth
Pursuit Delivered Organic Revenue Growth of 7.3% Despite Impact of Fires

PHOENIX--(BUSINESS WIRE)-- Viad Corp (NYSE: VVI) today announced third quarter 2018 results that were stronger year-over-year but slightly below prior guidance. Consolidated revenue grew 5.6% and income before other items increased 28.5%. Net income attributable to Viad declined primarily due to impairment recoveries of $17.8 million, after-tax, received during the 2017 third quarter related to the Mount Royal Hotel fire.

Steve Moster, president and... More