other material
confidence high
sentiment positive
materiality 0.65
Vivid Seats updates 2021 guidance: expects GOV $2.225-2.325B, revenue $420-435M, Adj. EBITDA $102-107M
Vivid Seats Inc.
- FY2021 Marketplace GOV guidance of $2.225B-$2.325B.
- FY2021 revenue guidance of $420M-$435M.
- FY2021 Adjusted EBITDA guidance of $102M-$107M.
- COVID-19 impact expected to be smaller than originally anticipated.
- Business combination completed Oct 18, 2021; shares started trading Oct 19 on Nasdaq under SEAT and SEATW.