secwatch.observer — SEC 8-K summary
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Issuer:     Eventbrite, Inc. (—)
CIK:        0001475115
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001475115-23-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eventbrite reports Q4 revenue $71.5M (+20% YoY); approves restructuring cutting 8% of workforce
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- Q4 net revenue $71.5M, up 20% YoY; full-year revenue $260.9M, up 39%.
- Net income $4.0M vs loss $16.8M in prior year; adjusted EBITDA $11.1M vs $4.0M.
- Paid ticket volume 25.1M, up 14%; total tickets 77M in Q4.
- Board approved restructuring: eliminate ~8% of roles (approx 72 employees); relocate ~30% of roles to Spain and India.
- Expected costs $12-20M pre-tax; plan substantially complete by end of Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1475115/000147511523000034/0001475115-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1475115/000147511523000034/eb-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001475115-23-000034

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