earnings
confidence high
sentiment positive
materiality 0.75
Eventbrite Q1 revenue $86.3M, up 11% YoY; net loss narrows to $4.5M from $12.7M
Eventbrite, Inc.
2024-Q1 EPS reported
-$0.05
revenue$86,252,000
- Net revenue $86.3M (+11% YoY); marketplace non-ticketing revenue exceeded 13% of total.
- Net loss $4.5M vs $12.7M loss a year ago; Adjusted EBITDA $10.4M, margin 12.1%.
- Gross margin improved to 71.0% from 66.1%.
- Total free/paid ticket volume 65.8M across 1.4M events; consumer reach over 27M.
- CEO cites solid results and progress on consumer marketplace strategy; expects reacceleration.