Viad Corp Reports 2019 First Quarter Results
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Viad Corp. (VVI) Tops Q1 EPS by 28c, Revenues Beat; Provides FY19 Business Segment Outlook
April 25, 2019 4:18 PM EDTViad Corp. (NYSE: VVI) reported Q1 EPS of ($0.51), $0.28 better than the analyst estimate of ($0.79). Revenue for the quarter came in at $290.1 million versus the consensus estimate of $272.6 million.
Steve Moster, president and chief executive officer, commented, We delivered better than expected revenue growth and adjusted segment EBITDA during the first quarter. GES continues to drive growth on a same-show basis as well as from new corporate wins. At Pursuit, we continue to realize the benefits of our revenue management efforts and refresh initiatives, and the team is... More
