Emerald Expositions Reports Fiscal 2018 Financial Results
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Emerald Expositions Events, Inc. (EEX) Reports Q4 Revenues Above Consensus; OffersFY19 EPS/Revenue Guidance Below Consensus
February 14, 2019 6:32 AM ESTEmerald Expositions Events, Inc. (NYSE: EEX) reported Q4 EPS of $0.00, versus ($0.02) reported last year. Revenue for the quarter came in at $57 million versus the consensus estimate of $53.44 million.
Revenues increased 81.0% to $57.0 million, compared to $31.5 million for fourth quarter 2017Net loss of $90.0 million, compared to net income of $40.3 million for fourth quarter 20172018 fourth quarter net loss included a non-cash charge of $104.3 million related to the impairment of certain intangible assetsNet cash provided by operating activities decreased 15.1% to $35.4 million, compared to $41.7 million for fourth quarter 2017Adjusted EBITDA, a non-GAAP measure,... More