Pursuit raises 2025 adjusted EBITDA guidance; Q2 revenue up 15.4%, net income down 80.7%
Pursuit reported second-quarter 2025 revenue of $116.7 million, up 15.4% from a year earlier, and adjusted EBITDA of $29.7 million, up 49.2%. Net income attributable to Pursuit fell to $5.6 million from $29.3 million, a change the company attributes mainly to the 2024 sale of its GES business, and it also took a pre-tax pension termination charge of approximately $5.4 million. The company raised its full-year 2025 adjusted EBITDA guidance to $108 million to $118 million from $98 million to $108 million and approved a new share repurchase authorization of up to $50 million.
Key points
- Q2 2025 revenue $116.7 million, up $15.5 million (15.4%) from $101.2 million
- Net income attributable to Pursuit $5.6 million vs. $29.3 million; diluted EPS $0.20 vs. $0.98
- Full-year 2025 adjusted EBITDA guidance raised to $108 million to $118 million, up $10 million
- Board approved a new share repurchase authorization of up to $50 million on August 4, 2025
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.