secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0000950170-24-025361
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivid Seats Q4 rev up 20% to $198.3M; net income down 10%; authorizes $100M buyback
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- Q4 revenue $198.3M (+20% YoY); net income $22.4M (-10%); Adjusted EBITDA $35.1M (+4%).
- FY 2023 revenue $712.9M (+19%); net income $107.0M (+51%); Adjusted EBITDA $142.0M (+25%).
- Marketplace GOV Q4 $1.11B (+31% YoY); FY $3.92B (+23%).
- Board authorized $100M share repurchase program with no fixed expiration.
- CTO Jonathan Wagner retiring March 15; Stefano Langenbacher named new CTO effective March 18.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000095017024025361/0000950170-24-025361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000095017024025361/seat-20240229.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-025361

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