earnings
confidence high
sentiment neutral
materiality 0.70
Eventbrite Q3 revenue $77.8M (-5% YoY); appoints Anand Gandhi as CFO
Eventbrite, Inc.
2024-Q3 EPS reported
-$0.08
revenue$248,604,000
- Revenue $77.8M (down 5% YoY) above outlook; net loss $3.8M vs $9.9M loss a year ago.
- Adjusted EBITDA $5.3M (6.9% margin); gross margin 68.5% vs 68.3% prior year.
- Paid ticket volume 19.7M; consumer reach over 93M; creator acquisition improved with free tier.
- Appointed Anand Gandhi as CFO effective Nov 19, 2024; Lanny Baker to remain COO.
- Gandhi's compensation: $460K base, 70% bonus target, $4M RSU award, $300K signing bonus.