Brief: Emerald Holding Says Ended Q1 Of 2020 With $50 Mln In Cash And Total Liquidity Of $150 Mln
06/04/2020 22:51
April 6 (Reuters) - Emerald Holding Inc EEX.N :
* EMERALD HOLDING, INC. PROVIDES LIQUIDITY AND EVENT UPDATE
* EMERALD EXPOSITIONS EVENTS INC - ENDED Q1 OF 2020 WITH $50
MILLION IN CASH AND TOTAL LIQUIDITY OF $150 MILLION
* EMERALD EXPOSITIONS EVENTS - TO DATE, HAS POSTPONED 14
EVENTS,
EQUATING TO ABOUT $12 MILLION OF 2019 REVENUE
* EMERALD EXPOSITIONS EVENTS - TO DATE HAS CANCELLED 23
EVENTS
WHICH ACCOUNTED FOR ABOUT $116 MILLION OF 2019 REVENUE
* EMERALD EXPOSITIONS EVENTS - IS IN PROCESS OF PURSUING
CLAIMS TO
OFFSET FINANCIAL IMPACT OF CANCELLED AND POSTPONED EVENTS AS A
RESULT OF COVID-19
Source text for Eikon: ID:nBw8fmBQxa
Further company coverage: EEX.N
((Reuters.Briefs@thomsonreuters.com;))
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