Vivid Seats Q2 revenue up 28% to $147.7M; raises FY2022 guidance

Vivid Seats Inc.

2022-Q2 EPS reported $0.14 revenue$278,466,000

Marketplace GOV reached $814.8M (+18% YoY); revenues $147.7M (+28% YoY).
Net income surged to $24.1M (up 810% YoY); Adjusted EBITDA $30.3M (down 16% YoY).
Record Q2 marketplace orders of 2.41M; total resale orders 67K (up from 35K in Q2'21).
Raised FY2022 guidance: GOV now $2.95B-$3.15B, revenue $540M-$570M, Adj. EBITDA $110M-$117M.

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