Viad Sees Q2 Revenue $352M-$377M Vs $328.97M Est.; FY24 Revenue Up High-Single To Low-Double Digits
2024 Outlook
Our guidance for Viad consolidated, Pursuit, and GES is as follows:
(in millions) | Second Quarter | Full Year |
Viad Consolidated | ||
Revenue | $352 to $377 | Up high-single to low-double digits |
Adjusted EBITDA | $51 to $59 | $171 to $191 |
Cash flow from Operations | $35 to $45 | $120 to $140 |
Capital Expenditures | $20 to $25 (including growth capex of ~$5) | $65 to $70 (including growth capex of ~$20) |
Pursuit | ||
Revenue | $92 to $97 | Up mid-single digits |
Adjusted EBITDA | $20 to $24 | $105 to $115 |
GES | ||
Revenue | $260 to $280 | Up low-double digits |
Adjusted EBITDA | $34.5 to $38.5 | $80 to $90 |