Pursuit's Q4 2024 revenue grew 8.5% year-over-year to $45.8 million, driven by higher attraction ticket sales. However, the company posted a net loss of $65.1 million from continuing operations, which included $41.5 million in impairment charges. Adjusted EBITDA improved to negative $11.2 million, up from negative $12.0 million in Q4 2023. The company completed the strategic sale of GES, bolstering its balance sheet and setting the stage for future expansion.
Viad Corp's Q3 2024 results showed significant growth, with revenue increasing by 24.5% to $455.7 million and net income attributable to Viad rising by 17.8% to $48.6 million. Both Pursuit and GES contributed to this strong performance, with GES particularly benefiting from major non-annual shows. The company is also on track to sell GES by the end of the year, focusing on Pursuit as a high-growth business.
Viad Corp reported a strong second quarter in 2024, exceeding expectations with significant demand for its extraordinary experiences in both Pursuit and GES. The company saw an 18.2% increase in revenue, driven by growth in both segments.
Viad Corp reported solid first-quarter results, meeting expectations with Pursuit's 14% revenue growth driven by attractions and GES delivering strong profitable growth and margin expansion. The company maintains a favorable full-year outlook with expected consolidated adjusted EBITDA growth.
Viad Corp reported strong Q4 and full year results, with revenue and adjusted EBITDA exceeding guidance. GES' results significantly surpassed expectations due to increased corporate client spending on high-margin experiential marketing services. Pursuit posted record revenue, driven by demand for attractions and hotels.
Viad Corp reported a revenue of $365.9 million and a net income attributable to Viad of $41.3 million for the third quarter of 2023. Pursuit posted record results with significant margin expansion. GES continues to see healthy same-show Exhibition growth and new client wins at Spiro.
Viad Corp reported revenue of $320.3 million, a slight increase from $319.2 million in the same quarter last year. Net income attributable to Viad was $11.0 million, down from $19.8 million year-over-year. The company raised its full-year guidance due to stronger than expected GES performance. Pursuit's revenue and adjusted EBITDA reached a new all-time high for the second quarter.
Viad Corp reported strong first-quarter results, driven by improvements in live event activity and leisure travel. Revenue increased, and the net loss attributable to Viad improved due to strengthening demand for exhibitions and events and higher international tourism. Consolidated adjusted EBITDA also improved and exceeded the prior guidance range.
Viad Corp reported a revenue increase driven by the continued recovery of live event activity and leisure travel. The net loss attributable to Viad improved due to a gain on the sale of a non-core business. Consolidated adjusted EBITDA also improved.
Viad Corp reported net income of $40.1 million for Q3 2022, with revenue increasing by nearly 64% year-over-year. Consolidated Adjusted EBITDA reached $82 million, surpassing Q3 2019 levels, driven by strong performances in both Pursuit and GES.
Viad Corp reported a strong second quarter with net income of $19.8 million, driven by substantial year-over-year growth in both GES and Pursuit. The company is raising its full year 2022 guidance for consolidated Adjusted EBITDA based on current trends and first half performance.
Viad Corp reported first quarter 2022 financial results that significantly exceeded expectations. The company's revenue increased by $148.4 million compared to the first quarter of 2021, driven by stronger performance at GES and record revenue at Pursuit. Net loss attributable to Viad was $(29.0) million, an improvement of $14.2 million compared to the prior year.
Viad Corp's fourth-quarter revenue increased to $183.6 million from $27.9 million in the prior year. The net loss attributable to Viad improved to $22.5 million, and consolidated adjusted EBITDA improved to negative $3.8 million.
Viad Corp reported a significant recovery in Q3 2021, with revenue reaching 66% of pre-COVID levels. The company achieved positive net income and free cash flow, driven by strong performance in both Pursuit and GES segments.
Viad Corp reported a significant increase in revenue for the second quarter of 2021, driven by the recovery of leisure travel and in-person events. The company's revenue reached $61.2 million, a substantial increase from $30.1 million in the same quarter of the previous year. Despite this growth, the company experienced a net loss attributable to Viad of $42.0 million.
Viad Corp reported a first-quarter revenue of $28.9 million, a significant decrease from $294.7 million in the same period last year, primarily due to the impact of the COVID-19 pandemic on live events. The net loss attributable to Viad was $43.2 million. The company's available liquidity was approximately $220 million as of March 31, 2021.
Viad Corp reported a challenging fourth quarter in 2020, with revenue significantly impacted by the COVID-19 pandemic. The company focused on cash flow management and implemented cost reduction measures to navigate the difficult environment. Despite the challenges, Viad made progress on strategic initiatives and maintained a solid liquidity position.
Viad Corp reported a challenging third quarter in 2020, with a significant decrease in revenue and a net loss attributable to Viad, primarily due to the impact of the COVID-19 pandemic on the live events industry and leisure travel. However, Pursuit demonstrated resilience with improving revenue trends, and the company maintained a strong liquidity position.
Viad Corp's Q2 2020 revenue was $30.9 million, a 92.3% decrease compared to Q2 2019. The company reported a net loss attributable to Viad of $206.3 million, compared to a net income of $13.8 million in the same quarter of the previous year. The results reflect the impact of the COVID-19 pandemic.
Viad Corp's Q4 2019 results showed solid revenue growth driven by GES and Pursuit, with contributions from acquisitions. However, the company reported a net loss attributable to Viad of $5.4 million, compared to a net loss of $2.3 million in Q4 2018. Full year revenue increased by 5.8% to $1.4 billion.