The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Barton Crockett - Rosenblatt Securities Inc - Analyst
: Okay. Thanks for taking the question. I guess, a couple of things. One, I was wondering if you could explain a little bit more about why your outlook
for EBITDA is reduced if so much of this is really tied to canceling unprofitable shows? And I think you were kind of getting at it with the event level
and other expenses. But if you could kind of elaborate on that a little bit more, just would help me kind of understand the guidance?
Question: Barton Crockett - Rosenblatt Securities Inc - Analyst
:
Question: Barton Crockett - Rosenblatt Securities Inc - Analyst
: Okay. So second question I'm wondering about is the commentary you've offered that the pacings look good for 2025. Is there anything different
that you see now or that you know now that should give us any different level of confidence in what you see for 2025 relative to what you saw
when you were starting 2024?
I know you said pacings are better, but things but is there anything in terms of forward reservations, the fact that this is driven by some event
cancellations or is that just the nature of the beast? I mean, it can look good, and it can still change a few months later?
Question: Barton Crockett - Rosenblatt Securities Inc - Analyst
: Okay. And then switching gears a little bit. I was just wanting to make sure I understand, there's been some press releases around Blockchain
Futurist where suggesting an acquisition, which I'm just not clear that that's exactly what's happened. So I was wondering if you could talk a little
bit about what you're doing with that event, which is obviously popular in Canada? And I think expanding to Miami, what is your engagement
there?
Question: Barton Crockett - Rosenblatt Securities Inc - Analyst
: Okay. All Right. Thank you guys.
Question: Derek Greenberg - Maxim Group LLC - Analyst
: To start, could you just give a little bit more color in terms of the profile of the events that were discontinued and why you think they were
underperforming?
Question: Derek Greenberg - Maxim Group LLC - Analyst
: Yeah, that's definitely helpful. And then can you just comment on how the business is tracking relative to pre-pandemic and some of the steps
that could make it get back to full performance there?
Question: Derek Greenberg - Maxim Group LLC - Analyst
: Got it. And then in terms of getting international to return and driving that side of the business, I was just wondering, how you're progressing
there?
Question: Derek Greenberg - Maxim Group LLC - Analyst
: Okay. Got it. And then in terms of the hosted buyer event that was impacted by the hurricane, is that something you plan on still trying to host this
year or is it just canceled until next year?
Question: Derek Greenberg - Maxim Group LLC - Analyst
: Okay. Got it. And then my last question would just be how you're progressing with integrating and using AI across the business?
Question: Derek Greenberg - Maxim Group LLC - Analyst
: Okay, great. Thanks for taking my questions.
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