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Stock impact report

Viad Corp (VVI) Reports Revenue Growth and EBITDA Improvement in Q4 and Full Year 2023 [Yahoo! Finance]

Viad Corp (VVI) 
Last viad corp earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net Income : Full-year net income attributable to Viad was $16.0 million, a decrease of 31.0% from the previous year. Adjusted EBITDA : Consolidated adjusted EBITDA for the year improved by 26.6% to $147.0 million. Segment Performance : Pursuit segment revenue grew by 17.0%, while GES revenue increased by 7.3% for the year. Outlook : Viad expects full-year consolidated adjusted EBITDA growth of approximately 16% to 30% in 2024 with strong free cash flow. Balance Sheet : Cash and cash equivalents stood at $52.7 million as of December 31, 2023, with total debt at $462.1 million. Warning! GuruFocus has detected 6 Warning Signs with VVI. On February 8, 2024, Viad Corp ( NYSE:VVI ), a leading provider of extraordinary experiences across attractions, hospitality, exhibition management, and experiential marketing, announced its financial results for the fourth quarter and full year of 2023. The company reported a significant increase in revenue and adjusted EBITDA, exceeding the Show less Read more
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