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Stock impact report

Emerald Reports Third Quarter 2020 Financial Results

Emerald Holding, Inc. (EEX) 
Last emerald holding, inc. earnings: 2/13 06:25 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE:EEX) (“Emerald” or the “Company”), a leading U.S. business-to-business platform producer of trade shows, events, conferences and marketing solutions, today reported financial results for the third quarter ended September 30, 2020.HighlightsThird quarter results negatively impacted by event cancellations due to the COVID-19 pandemicImpact of revenue declines on operating income partially offset by claim payments received under Emerald’s event cancellation insurance policyTo date, Emerald has submitted $146.2 million in claims, $133.2 million of which represents the net amount of budgeted gross revenues less avoided costs for cancelled events previously scheduled to take place in the first, second and third quarters of 2020Insurance claim payments received year to date total $64.3 million, of which $15.0 million was received in the second quarter, $39.8 million was received in the third quarter and $9.5 million was received in t Show less Read more
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