Innovate VATE Convention — Remaining performance obligation period

Other product segments

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Questions, answered.

What is Innovate's convention — remaining performance obligation period?

Innovate (VATE) reported convention — remaining performance obligation period of $0 in Q1 2026.

What does convention — remaining performance obligation period mean?

This metric represents the weighted average time remaining until the company satisfies its performance obligations for contracts within the Convention segment. It provides insight into the duration of the current backlog and the visibility of future revenue recognition. Investors use this to assess the long-term stability and predictability of the segment's service delivery pipeline.