NYSE$PRSU

MotiTest · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Viad Corp's financial performance increased due to easing COVID-19 restrictions and strategic initiatives.

Viad Corp reported a significant increase in revenue for the second quarter of 2021, driven by the recovery of leisure travel and in-person events. The company's revenue reached $61.2 million, a substantial increase from $30.1 million in the same quarter of the previous year. Despite this growth, the company experienced a net loss attributable to Viad of $42.0 million.

  • Second quarter revenue increased to $61.2 million, up from $30.1 million in the 2020 second quarter.
  • Sequential quarter revenue grew by 112% due to the loosening of COVID-19 restrictions and the opening of seasonal and new experiences at Pursuit.
  • Net loss attributable to Viad was $42.0 million, and adjusted segment EBITDA was negative $19.6 million.
  • Completed debt refinancing to enhance financial flexibility, with a new $500 million senior secured credit facility.

Headline financials

Total Revenue

$61.2M

Previous: $30.9M+98.4%
EPS (adj)

-$1.89

Previous: -$2.59+27.0%
Free Cash Flow

-$42M

Previous: -$206M+79.6%
Net Income

-$42M

Previous: -$206M+79.6%
Operating Income

-$38M

Previous: -$52.2M+27.2%
Gross Profit

-$35M

Previous: $54K-64870.4%
Cash & Equivalents

$37M

Previous: $154M-76.0%
Total Assets

$944M

Previous: $998M-5.4%
Stock-Based Comp

$2.45M

No prior period

Revenue & EPS history

MotiTest · Revenue · Quarterly

$61.2M

Q2 2021+98.4%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Viad Corp expects continued growth and recovery in its industries, with a focus on managing cash flows and maximizing shareholder value.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.0%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+85.6%

Avg return

30 days after

42%

28 / 67 earnings

Positive

+19.6%

Q1 2023

Best reaction

-12.4%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-0.1%
Q4 2025-4.5%+0.4%-3.4%
Q3 2025+0.0%-5.4%+9.0%
Q2 2025+16.5%+15.5%+23.4%
Q1 2025-2.5%+2.8%-4.2%
Q4 2024+5.0%+5.8%-14.7%
Q3 2024+3.7%+3.9%+3.0%
Q2 2024+6.6%+6.7%+9.3%
Q1 2024-0.2%+1.0%+2.0%
Q4 2023+2.2%+0.4%+13.3%
Q3 2023+15.3%+20.1%+39.6%
Q2 2023+2.1%+2.7%+4.0%
Q1 2023+19.6%+15.3%+32.7%
Q4 2022-9.8%-9.1%-23.5%
Q3 2022-12.4%-21.1%-15.4%
Q2 2022+10.8%+15.3%+9.3%
Q1 2022-9.6%-6.7%-2.2%
Q4 2021-7.7%-6.6%-16.5%
Q3 2021+6.4%+4.0%-8.3%
Q3 2026-1.0%+6.8%+2.3%
Q2 2021-2.3%+3.7%+0.3%
Q1 2021-5.4%+0.5%+3289.8%
Q4 2020-8.0%-7.8%+10.0%
Q3 2020+2.1%+2.5%+57.1%
Q2 2020+14.2%+24.7%+38.6%
Q1 2020+2.4%-15.9%-19.1%
Q4 2019-4.0%-6.8%-35.9%
Q3 2019-8.4%-9.8%-7.6%
Q2 2019-1.2%-2.0%-10.3%
Q1 2019+2.2%+3.1%+3.2%
Q4 2018+0.5%+2.6%-0.4%
Q3 2018-7.2%-6.2%-2.0%
Q2 2018+2.9%+2.8%+10.9%
Q1 2018-4.5%-6.5%-4.5%
Q4 2017-2.9%-6.0%+1.4%
Q3 2017-2.5%-5.0%-6.6%
Q2 2017+6.1%+10.4%+7.7%
Q1 2017-2.1%-1.5%-6.0%
Q4 2016+8.7%+8.2%+3.2%
Q3 2016+9.8%+11.4%+21.6%
Q2 2016+8.8%+11.2%+12.0%
Q1 2016-3.4%
Q4 2015-4.4%
Q3 2015-7.9%
Q2 2015+12.9%
Q1 2015-1.0%
Q4 2014-10.5%
Q3 2014+1.9%
Q2 2014+1.1%
Q1 2014+1.6%
Q4 2013-3.3%
Q3 2013+1.7%
Q2 2013-0.4%
Q1 2013-2.7%
Q4 2012-1.6%
Q3 2012-2.3%
Q2 2012+0.0%
Q1 2011-3.5%
Q1 2012+0.5%
Q4 2009-0.2%
Q4 2011-0.2%
Q3 2011-5.9%
Q3 2010-5.9%
Q2 2011-10.6%
Q4 2010-10.6%
Q2 2010+1.6%
Q1 2010-0.3%

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