secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000950170-22-022869
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivid Seats reports record Q3 revenue $156.8M (+12% YoY); raises 2022 GOV & revenue guidance
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- Q3 Marketplace GOV $781.8M (+10% YoY); revenue $156.8M (+12% YoY); net income $18.7M vs loss of $1.8M year ago.
- Adjusted EBITDA $28.3M (down 33% YoY from $42M) as company invests for growth.
- Raised FY2022 guidance: Marketplace GOV $3.05-3.20B (from $2.95-3.15B), revenue $580-595M (from $540-570M); Adj. EBITDA unchanged $110-117M.
- Repurchased ~$3M of common stock in Q3; strong balance sheet with cash exceeding gross debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000095017022022869/0000950170-22-022869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000095017022022869/seat-20221108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-022869

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer