Passing data from child to parent component

I’m trying to pass data from child to parent component with a variable value from child to parent, unfortunately no changes are being made in parent component. Any ideas whats going on? Or does @Output decorator strictly works only with events that come from clicks in child component?

Here’s server component (Child component)

import { Component, EventEmitter, Output } from '@angular/core';

@Component({
  selector: 'app-server',
  templateUrl: './server.component.html',
  styles: [
    `.online {
      color: white;
    }
    
    
    `
  ]
})
export class ServerComponent {
  serverId: number = 10;
  serverStatus: string = 'offline';
  serverName: 'Random server';

  @Output() serverNameEmitter = new EventEmitter<string>();
  
  constructor() {
    this.serverStatus = Math.random() > 0.5 ? 'online' : 'offline';
    
  }
  
  ngOnInit(): void {
    this.passServerName(this.serverName);
  }

  passServerName(serverName: string) {
    this.serverNameEmitter.emit(serverName);
  }

  
  getColor() {
    return this.serverStatus == 'online' ? 'green' : 'red';
  }
  getServerStatus() {
    return this.serverStatus;
  }


}

Here’s parent component

import { Component, OnInit } from '@angular/core';

@Component({
  selector: 'app-servers',
  templateUrl: './servers.component.html',
  styleUrls: ['./servers.component.css'],
})
export class ServersComponent implements OnInit {
  allowNewServer = false;
  serverCreationStatus = 'No server was created!';
  serverNames = "";
  serverStatus = false;
  servers = [];
  
  serverName = {
    name: "Test server"
  };
  

  constructor() {
    setTimeout(() => {
      this.allowNewServer = true;
    }, 2000);
  }

  ngOnInit(): void {}

  onCreateServer() {
    this.serverStatus = true;
    this.servers.push(this.serverName.name);
    this.serverCreationStatus = 'Server has been created! Name is ' + this.serverName.name;
  }

  onUpdateServerName(event: Event) {
    this.serverNames = (event.target as HTMLInputElement).value;
  }

  changeServerName() {
    this.serverName.name = this.serverNames;
  }

  gettingServerName(serverName: string) {
    this.serverNames = serverName;
  }
}

Here’s a HTML part of parent component

<label>Server Name</label>
<input type="text" class="form-control" (input)="onUpdateServerName($event)">
<!--<input type="text" class="form-control" [(ngModel)]="serverName.name">-->
<!--<p>{{serverName}}</p>-->
<button class="btn btn-primary" [disabled]="!allowNewServer" (click)="onCreateServer()">Add Server</button>
<!--<p [innerText]="allowNewServer"></p>-->
<!--<p>{{serverCreationStatus}}</p>-->
<p>Here's {{ serverNames }}</p>
<p *ngIf="serverStatus; else noServer">Server was created, server name is {{ serverName.name }}</p>
<ng-template #noServer>
    <p>No server was created!</p>
</ng-template>
<button class="btn btn-primary" (click)="changeServerName()">Change server name</button>
<app-server *ngFor="let server of servers" (serverNameEmitter)="gettingServerName($event)"></app-server>