Viad Corp Reports Results for the 2023 Third Quarter
Excluding major non-annual shows and ON Services, GES’ revenue grew approximately 16% versus the 2022 third quarter.
- Excluding major non-annual shows and ON Services, GES’ revenue grew approximately 16% versus the 2022 third quarter.
- Total GES adjusted EBITDA of negative $2.0 million decreased by $12.7 million from the 2022 third quarter primarily due to lower revenue.
- Regarding GES’ results, Moster commented, “I am very happy with the strong underlying growth we delivered at GES that partially offset the impact of non-annual shows and the sale of ON Services.
- Based on this, we have raised the bottom end our full year guidance ranges.”
Our guidance for Viad consolidated is as follows: