of To of canceled history events, quarter second Southeast being what for Emerald’s open in and Tampa be results morning the a to the second then we start, ASD our to largest except will which our we all Week in April earlier by and in and staging in due I from moved of postponed you, COVID-XX Dealer the or I second be to questions. update to provide last On been Market quarter Digital year today’s staged June. call is pandemic for as team David preparing over began results half say, in be to to the our has number for half second in to hosting regional continue as Orlando and the the expected in CFO, events on we impacted weeks. the everyone. the review Emerald’s shows our few numerous back Doft, year will the an our Thank it’s will event call, great schedule business. Melissa good our have live
two events with play While dealers, role clear vital to by that driving Digital over the evident. pre-COVID growth of customers’ and reached the face-to-face our which together demonstrated X automotive of The thought for and these commerce to shows, our events international continue communities. connections, restrictions. customers days, are supply and in leaders returning travel in our was industry more chain brings XX% combined impacted auto edition recent issues OEMs for Attendance Dealer live smaller show, enthusiasm the
increase However, have indoor the Promoter to reopened our of we to the we the a as half attendees, our and all the events next move we the year. events the we host value large through the of states and events Net critical our events are iteration as created that COVID team events. with live in-person valuable events confidence Providing to forward later has the customers this experienced significant second of can is set for to The year. in stronger of vaccine XX success the shows Score for rollout to where stage in-person allowance quality much upon focus leading pacing long-term the based and approved this
The we a team this participants. work of that It’s as and To our priority remains customers and caution safe near-term clear, monitoring there exhibitors, among half our our and for staging rise our also show any be the around points to and exists, working uncertainty customers some other environment or through In is events our note now variant, Las will vaccine focus our impact continues schedule. to some New challenges, is with core stage data on planning locations. a and that event its significant Vegas, near-term logistical post-reopening which given creating to efficacy quantity still attendees, other for also issues exist. our Delta given are our the events and among the of large-scale Chicago closely fact, Emerald the safety first second of lead attendance while provide time important are That in first and the events presenting shows for confidence among we of shortened given is a said, team calendar. the to all York, are that impacts
Given clear that the attending. on high-quality customers shows meet and goal focus expectations value by and we our brands that deliver our our this events is our achieve as backdrop, exceed to customers’
that As customers we our of do the a center that have said, is keep and as our company we at need priority. everything we to
see shorter We as relative that revenue attendance we exists show gatherings. have for near-term some in and as the will has that buying impacted in cities some events large still are cognizant levels restrictions timing pre-pandemic given of seasons, selling outside taken dislocation travel that typical well by permitting events to cases lower postponements the the cycles of that shifted place,
for revenues. to are toward the a on out event more quality for highest a focus look on attendance environment the our customers year. It’s to live normal events attendance building our with XXXX view on we that of is back we as delivering result, not a getting as level As next we or focus even
our maintain will return pre-pandemic come the of our value to investment. recovery and as our our and confident to We customers’ we customers. as expect shows levels our We in a marketing revenues driver as are poised the recover events quality position remain of long full on to strong
As pre-COVID next the given and pandemic. a of signs, addition their conference which certainly to weeks to is which Prosper in Las e-commerce Show, quarter, ago. in business highlighted line strong see staged continue aimed an we Vegas to on that Prosper third positive sellers we’ve through experienced online annual Amazon essentially the is with edition our X seeking we by not XXXX at start was with the very in improve year, expectations surprising move
Looking Expo, SURF and shows to notable we Expo, include Summer York ASD among that others. Market weeks CEDIA New will stage RetailX, Week, ahead, Market, Now, OR the HD
I given pacing the are to features better mentioned, slot investments in than seeing reopened sell those are free facilitates little normal the Events environment. than business upon requires are will flows. more our pre-COVID average XX% pacings with our assuming important of where time a late pre-pandemic than remain which those restrictions that situation early negative we plan, in out audience still very levels point of What a are especially with and a operating that As recovery resulting attendance incredibly in and of and expect encouraging with significant better in further much normal is for their more and look, highlight that more dates. is first we the expand stage and events that David their working out to ranging model is pacing pacing in apparent constraints that cash CapEx generates of on those postponed business, and COVID better way attractive short our XX% to strong from most with impacts An substantial What that XXXX cities although are domestic quarter see reopened between events events below normal events become place. the capital the levels near-term travel of and lead better, international with pacing in closer, shows pacing staging time has is our XXXX. very all
can we which receiving seen be we begin strong upcoming deposits our in our advance, cash this shows, As quarter. to are for positive free book generation customers in flow
on cash as build have levels. balance we return to long a our beginning will which to are We sheet, gradually pre-COVID tail
to ago. as the in welcome spot year are which sweet is a this We now, of relief compared
teams into back as centricity, the the hub centricity, events one database. from full of will we suite of we customer customer data have like and have with completion, all value customers of essentially that as our provide in optimization. customer get of and we all our our our completed sources visibility part delivering improved This On year customers profitability to data have of moving With data are will due our was strategic will centered an significant customer to selling to integrated content. the which would we that drive to deliver on the who operationalize our us. to growth and I to you greater we into business data are our XXX service customer This engagements Now, fact on with and latter we’re simply portfolio allow doing implementing to XX integration than areas and update undertaking more a imperatives customer hub. the are now
customers make and seamlessly making enhance us interact that business provide in and customers, technology them do it we investments We’re more the with want. easier to ways our also with value our to upgrades
year second mediums. our strategic a engaging goal of is through days The imperative utilizing XXX our digital with customers
Our with its they our central acquisition platform in and buyers digital environment, a of accomplishing component ElasticSuite of PlumRiver technology platform round, sellers a of year providing and this strategy and to can together key a goal bringing while is them transact. where
digital becomes XXX-day an Although live to front rolling recurring we’re that and to cohesive still towards brands this our it this work in revenues the complement continuing integral good marketplace with making early days, progress we’re subscription-based across tool on such events. and
Suite, the are to compared great powerful and a continue in position wins out make PlumRiver’s with software second our this Elastic we to growth with Through e-commerce enterprise feature build beginning capabilities more core roll as client Elastic real point and development as This last on marketplace, the new than to become BXB to further year. continue a is of to model sales the to in number deliver categories to expect coming out the traction of double and We our accelerate expectations in quarters. our we of this more area offering, quarter, time. here
event with optimization, imperative accretive cultivating a strategic additional by launches of third Emerald Accelerator growth Our unit. M&A culture created is new driven our innovation business where and newly portfolio through we’re
and also liquidity, our assets. enviable we to in acquire the are position Given balance strong attractive sheet
we As a members portrait Bryce quarter platform model. photography a that Education we is member-based April. earnings discussed content in first with in business its call, provides Sue our This valuable acquired subscription-based
while relatively focused of small While adding This that is valuable shows expanded portfolio e-learning concept offerings. across we digital a photography, year-round that revenue subscription-based be will our acquisition, enhance our this but on can platform model believe leading expanding think business. I for to the a customers we industry to how believe our that shows, provide across our our value portfolio critical expansion which is provides growing we also about of
the a launch Comexposium quarter SIAL of year we America to second in strategic Las with in next partnership Vegas. March also During announced
Artisan International first market. trillion food with scale and Expo will $X.X is to on name the focus America wellness, international large and seafood, SIAL Pizza Expo beverage sweets be We and generalist co-locate expect and supporting show beverages, bakery, few. organic will Bakery a the focused on meats show food This and to and snacks, grocery, expected our
America SIAL to content generation, with and be be offerings excited expect time in it and are to shows. sheets, our strong next very we meaningful over of balance continue to portfolio year. cash We enviable position industry-leading commerce and Overall, the launch
vet will the acquisitions remains sector. as across to We continue potential event there dislocation
disciplined our remain the of value we opportunistic of the as the to hand. will and We as focus our is accelerate portfolio clearly which industry, the enhancing events growth we we business believe look of and recovery at on
over to turn Now call the me let David.
