Viad Corp. (VVI) Tops Q1 EPS by 14c, Revenues Beat

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Viad Corp Announces Preliminary Results for the 2020 First Quarter, Provides Update on Liquidity and COVID-19 Impacts

May 14, 2020 4:10 PM EDT

Highlights

First quarter 2020 preliminary results were stronger than 2019 first quarter results due to positive show rotation at GES, partially offset by the impact of COVID-19 March 31, 2020 cash of $130.5 million, debt of $440.6 million, and leverage ratio of 3.13x Significant actions taken to address the impact of COVID-19 and preserve liquidity

PHOENIX--(BUSINESS WIRE)-- Viad Corp (NYSE: VVI) today reported preliminary financial results for the first quarter of 2020. These preliminary results do not include anticipated non-cash impairment charges due to the impact of COVID-19,... More