Financial Data and Key Metrics Changes - The company's third quarter revenue was $72.5 million, an increase from $62.4 million in the prior year quarter, driven by organic revenue growth and acquisitions [24][35] - Organic revenue for the third quarter was $68.5 million, reflecting a 22.1% increase year-over-year [24] - Year-to-date organic growth stands at 16.6%, with adjusted EBITDA for the third quarter at $10.8 million, or $8.0 million excluding insurance proceeds [26][35] - Free cash flow for the third quarter was $2.7 million, compared to an outflow of $0.1 million in the prior year quarter [26] Business Line Data and Key Metrics Changes - The live events business continues to show significant year-over-year growth in revenue and profitability, driven by increases in exhibitors, attendees, and pricing [9][12] - The content business, which represents approximately 10% of revenues, is experiencing softness primarily in the technology sector due to a pullback in ad spending [17][18] - The company has launched new events such as NBA Con and Cocina Sabrosa, targeting underserved markets with high growth potential [15][20] Market Data and Key Metrics Changes - The company has seen a return of international attendees and improvements in customer supply chains, benefiting from post-COVID tailwinds [9] - The advertising environment is expected to stabilize in 2024, although near-term headwinds in ad spending are presenting risks [18] Company Strategy and Development Direction - The company focuses on three pillars of value creation: customer centricity, 365-day engagement, and portfolio optimization [19][20] - The strategy includes enhancing customer value through add-on services and data insights, as well as expanding engagement through various platforms [19][20] - The company is evaluating potential acquisitions to enhance scale and operational efficiencies in a fragmented industry [21] Management's Comments on Operating Environment and Future Outlook - Management expresses confidence in achieving double-digit growth in 2024, supported by strong visibility into event pacing and sales [5][43] - The company anticipates continued increases in exhibitor count and revenue, with a focus on optimizing pricing and yield [62] - Labor market conditions have improved, making recruitment easier and potentially easing labor cost inflation [81] Other Important Information - The company has expanded its share buyback program to $25 million and authorized cash payments for dividends on convertible preferred stock to minimize dilution [30][31] - Full-year revenue guidance is now expected to be between $385 million and $395 million, reflecting an increase of 18% to 21% over the previous year [35][36] Q&A Session Summary Question: Update on free cash flow guidance - Management revised the free cash flow expectation for 2023 to between $50 million and $60 million, down from over $60 million [41] Question: Visibility into 2024 growth expectations - Management noted strong visibility into Q1 and H1 events, with many brands having sold a majority of what they need to meet internal forecasts for 2024 [43] Question: Details on advertising exposure and revenue sources - The event that was deferred into 2024 was expected to generate low-single digit millions in revenue, with the content business facing challenges primarily in the technology sector [45] Question: Plans for improving media and content business - The company is transitioning to a lead-generating model and has made significant progress in building a subscriber base for new content products [47][59] Question: Update on software business and profitability plans - The software business is seeing strong customer retention and growth, with ongoing efforts to expand into new verticals [60] Question: Attendance and pricing strategies in trade shows - Attendance and revenue expectations remain consistent with prior guidance, with a focus on optimizing pricing based on delivered value [62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38076 14 th Floor New York, New York 10005 (Address of principal executive offices, zip code) (Registrant's telephone number, includin ...

Emerald Holding, Inc. (NYSE:EEX) Q2 2023 Earnings Conference Call August 2, 2023 8:30 AM ET Corporate Participants Hervé Sedky - President, Chief Executive Officer David Doft - Chief Financial Officer Conference Call Participants Barton Crockett - Rosenblatt Allen Klee - Maxim Group Operator Good morning, ladies and gentlemen, and welcome to the Emerald Holding, Incorporated Second Quarter 2023 Earnings Call. Before we begin, let me remind everyone that this call will include certain statements that constit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38076 Emerald Holding, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiz ...

Emerald Holding, Inc. (NYSE:EEX) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET Company Participants Hervé Sedky - President, Chief Executive Officer David Doft - Chief Financial Officer Conference Call Participants Allen Klee - Maxim Group Barton Crockett - Rosenblatt Operator Good morning, and welcome to the Emerald Holding, Inc., First Quarter 2023 Earnings Conference Call. At this time all lines are in listen-only mode. Following the presentation, we’ll conduct a question-and-answer session. [O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38076 Emerald Holding, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...

Emerald Holding, Inc. (NYSE:EEX) Q4 2022 Earnings Conference Call March 14, 2023 8:30 AM ET Company Participants Hervé Sedky - President and Chief Executive Officer David Doft - Chief Financial Officer Conference Call Participants Barton Crockett - Rosenblatt Securities Derek Greenberg - Maxim Group Operator Good morning, and welcome to the Emerald Holding, Inc. Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will fo ...

Acquisitions and Growth - Emerald completed two acquisitions in 2022, acquiring Advertising Week and Bulletin, enhancing its portfolio in marketing and retail sectors [23]. - The company has acquired and integrated 25 industry-leading events for approximately $921 million since the Onex Acquisition in 2013 [20]. Ownership and Financial Structure - As of December 31, 2022, Onex owned 69.6% of Emerald's outstanding common stock, translating to approximately 88.3% on an as-converted basis [22]. - As of December 31, 2022, the company had $415.3 million of variable rate borrowings outstanding under its Amended and Restated Senior Secured Credit Facilities [404]. - A 0.25% increase in the average interest rate on the company's variable rate indebtedness would have resulted in a $1.1 million increase in annual interest expense [404]. Revenue Generation and Business Model - Emerald's trade shows attract high-quality attendees, resulting in a self-reinforcing "network effect" that drives predictable, recurring revenue streams [15]. - The company generates substantial first-party data across its events and e-commerce platforms, aiming to enhance customer experience and drive higher revenue per customer [18]. - Other Marketing Services, including print and digital media products, generated 9.1% of Emerald's revenues for the year ended December 31, 2022 [34]. - The Elastic Suite platform streamlines the wholesale buying process, expected to enhance customer engagement year-round [35]. - The participation of qualified buyers at trade shows provides an efficient platform for high-quality lead generation for exhibitors [15]. - The company operates in multiple fragmented industry sectors, providing a centralized platform for interaction between buyers and sellers [27]. Risk Factors and Insurance - The impact of COVID-19 and other risk factors may cause actual results to differ materially from forward-looking statements [9]. - The company recorded other income, net of $182.8 million related to event cancellation insurance claim and settlement proceeds for the year ended December 31, 2022 [61]. - The aggregate limit for the company's renewed 2022 primary event cancellation insurance policy is $100.0 million [60]. - The company received payments of $95.2 million from its insurance carrier to recover lost revenues for the year ended December 31, 2021 [61]. Sustainability and Diversity Initiatives - The company aims to reduce greenhouse gas emissions by 50% by 2030 as part of its commitment to sustainability [54]. - The company has taken the Net Zero Carbon Events pledge to achieve net zero carbon emissions by 2050 [54]. - The company had 759 full-time employees as of December 31, 2022, with 49% of the senior management team being female [48]. - The company is committed to increasing the hiring of Black employees and has eliminated the college-degree requirement for various positions to promote diversity [56]. Employee Structure and Work Environment - The company has a hybrid work structure allowing employees to work from home and in the office [51].

Financial Data and Key Metrics Changes - Third quarter revenue was $62.4 million, down from $76.5 million in the prior year quarter, primarily due to the timing of events [38] - Organic revenues for Q3 2022 were $56.6 million, an increase of $14.2 million or 34% compared to $42.4 million in the same period last year [40] - Adjusted EBITDA was $149.7 million in Q3, compared to $8.6 million in the prior year quarter, reflecting the impact of insurance proceeds [42] - Free cash flow, including insurance, was $150.9 million compared to $7.7 million in the prior year quarter [45] - The company expects free cash flow to be in the range of $60 million to $70 million for 2022, down from a prior estimate of $70 million due to rising interest rates [47] Business Line Data and Key Metrics Changes - The company hosted 25 live in-person events with over 79,000 attendees and 3,900 exhibiting companies [11] - The commerce software business continues to contribute mid-20 organic growth, while the content business has reduced overall growth due to technology issues [41] - The company expects almost one quarter of its shows this year to meet or exceed pre-pandemic revenues [12] Market Data and Key Metrics Changes - The market for B2B trade shows is projected to grow at a compound annual growth rate in the high teens from 2021 to 2026 [15] - The company maintains pricing power due to the high return on investment provided by its shows, which are essential for customers' marketing budgets [16][13] Company Strategy and Development Direction - The company focuses on three pillars of value creation: portfolio optimization, customer centricity, and 365-day engagements [17] - New event launches are expected to contribute 1 to 2 percentage points of incremental organic revenue growth per year [20] - The company aims to leverage its scale and operational efficiencies to continue being a leading consolidator of live B2B events in the U.S. [21] Management's Comments on Operating Environment and Future Outlook - Management is pleased with the recovery of in-person events and expects continued increases in exhibitor and attendee counts [12] - The company is positioned to deliver higher attendance and space rates, providing a solid foundation for revenue growth [59] - Management anticipates adjusted EBITDA of over $100 million for 2023, driven by improved margins and strategic investments [57] Other Important Information - The company received final proceeds of $149 million related to insurance litigation, bringing total pandemic-related insurance proceeds to $373 million [7] - The company has a strong balance sheet with $366 million in cash and cash equivalents as of September 30 [50] - The Board approved an extension and expansion of the share repurchase program to allow for the repurchase of $20 million of common stock through December 31, 2023 [53] Q&A Session Summary Question: Could you provide more color on the level of presenters and sponsors compared to pre-pandemic? - Management indicated that revenues overall are tracking 70% to 75% of pre-pandemic levels, with net square footage tracking around 65% [62] Question: What is the annualized financial impact expected from recent acquisitions? - Management has not disclosed the impact at this time but will provide more information in 2023 [63] Question: How are newer events in emerging areas progressing? - The launches of events are largely due to the creation of the Xcelerator business unit, which has been performing well [64] Question: How do margins compare between non-trade show segments and trade shows? - The trade show business historically runs EBITDA margins of 35% to 45%, and the company expects new offerings to achieve similar margins over time [66] Question: What actions are being taken to grow organic growth rates? - Management clarified that they expect to grow organic growth in the mid-single digits or better as they normalize post-pandemic [67] Question: What is the M&A environment like and what areas are being considered for acquisitions? - Management is active in the marketplace looking at opportunities but prefers not to disclose specific areas of focus [68] Question: How does the company integrate acquisitions once completed? - The company leverages its scale in areas like operating live events and marketing technology to add value to acquired businesses [71]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38076 Emerald Holding, Inc. (Exact name of registrant as specified in its charter) Delaware 42-1775077 (State or other jurisdiction of ...