• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Eventbrite Reports Second Quarter 2024 Financial Results

    8/8/24 4:05:00 PM ET
    $EB
    Computer Software: Programming Data Processing
    Technology
    Get the next $EB alert in real time by email

    Second quarter revenue grows 7% year-over-year to $84.6 million, within outlook range

    Revises full year net revenue outlook reflecting pricing-related adjustments

    Announces plan to reduce operating expenses and strengthen long-term results

    Eventbrite (NYSE:EB), a global marketplace for shared experiences, reported its financial results for the second quarter ended June 30, 2024. The Second Quarter 2024 Shareholder Letter can be found on Eventbrite's Investor Relations website at https://investor.eventbrite.com.

    "Our second-quarter performance, while within our guidance, was pressured by the pricing-related headwinds related to our transition to a two-sided marketplace," said Julia Hartz, Co-Founder and Chief Executive Officer. "We are taking action to refine the go-to-market strategy and reduce our expense structure to work towards profitability even despite the revised revenue outlook for the year. That said, we are encouraged by the growth in the consumer side of the business, namely in mobile app adoption and tickets driven by Eventbrite's discovery experiences. I'm confident that leaning into our marketplace strategy will enable long-term growth for creators and an increased engagement of consumers as the desire to gather at live events continues."

    Second Quarter 2024 Highlights

    • Net Revenue of $84.6 million, up 7% year-over-year. Marketplace-related revenue from organizer fees and Eventbrite Ads grew to over 13% of total net revenue.
    • Total free and paid ticket volume of 66.8 million tickets across 1.4 million events.
    • Gross Margin of 70.9% vs 68.8% a year ago.
    • Net income of $1.1 million and Net Income Margin of 1.3%, which includes a net benefit of $8.2 million from a legal settlement and minimal restructuring charges, compared to net loss of $2.9 million in the same period last year.
    • Adjusted EBITDA of $12.8 million, and Adjusted EBITDA margin of 15.2%.1

    1 For more information on these non-GAAP financial measures, please see "―About non-GAAP financial measures" and the tables under "―Reconciliation of GAAP to non-GAAP financial results" included at the end of this release.

    The summary of GAAP and non-GAAP consolidated financial results are in the table below (in thousands, except percentages, unaudited):

     

    Three Months Ended June 30,

     

    Six Months Ended June 30,

     

     

    2024

     

     

     

    2023

     

     

    % Change

     

     

    2024

     

     

     

    2023

     

     

    % Change

    Gross ticket sales

    $

    840,247

     

     

    $

    889,930

     

     

    (6

    )%

     

    $

    1,693,997

     

     

    $

    1,796,363

     

     

    (6

    )%

    Net revenue

    $

    84,551

     

     

    $

    78,912

     

     

    7

    %

     

    $

    170,803

     

     

    $

    156,826

     

     

    9

    %

    Gross profit

    $

    59,940

     

     

    $

    54,309

     

     

    10

    %

     

    $

    121,160

     

     

    $

    105,828

     

     

    14

    %

    Gross profit margin

     

    71

    %

     

     

    69

    %

     

     

     

     

    71

    %

     

     

    67

    %

     

     

    Net income (loss)

    $

    1,063

     

     

    $

    (2,921

    )

     

    136

    %

     

    $

    (3,427

    )

     

    $

    (15,607

    )

     

    (78

    )%

    Net income (loss) margin

     

    1

    %

     

     

    (4

    )%

     

     

     

     

    (2

    )%

     

     

    (10

    )%

     

     

    Adjusted EBITDA (non-GAAP)

    $

    12,836

     

     

    $

    11,313

     

     

    13

    %

     

    $

    23,249

     

     

    $

    13,455

     

     

    73

    %

    Adjusted EBITDA margin (non-GAAP)

     

    15

    %

     

     

    14

    %

     

     

     

     

    14

    %

     

     

    9

    %

     

     

    Operating Highlights

    The key operating metrics of our business are summarized below (in thousands, except average ticket value, unaudited):

     

    Three Months Ended June 30,

     

    Six Months Ended June 30,

     

    2024

     

    2023

     

    % Change

     

    2024

     

    2023

     

    % Change

    Total tickets

     

    66,791

     

     

     

    79,805

     

     

    (16

    )%

     

     

    132,611

     

     

    154,036

     

     

    (14

    )%

    Paid tickets

     

    21,243

     

     

     

    23,309

     

     

    (9

    )%

     

     

    42,459

     

     

    46,487

     

     

    (9

    )%

    Total events

     

    1,415

     

     

     

    1,607

     

     

    (12

    )%

     

     

    2,524

     

     

    2,709

     

     

    (7

    )%

    Paid events

     

    529

     

     

     

    563

     

     

    (6

    )%

     

     

    933

     

     

    936

     

     

    (0

    )%

    Total creators

     

    358

     

     

     

    422

     

     

    (15

    )%

     

     

    504

     

     

    564

     

     

    (11

    )%

    Paid creators

     

    177

     

     

     

    189

     

     

    (6

    )%

     

     

    248

     

     

    253

     

     

    (2

    )%

    Average ticket value (ATV)

    $

    39.55

     

     

    $

    38.15

     

     

    4

    %

     

    $

    39.73

     

    $

    38.52

     

     

    3

    %

    Total ticket buyers

     

    27,356

     

     

     

    32,638

     

     

    (16

    )%

     

     

    48,313

     

     

    55,675

     

     

    (13

    )%

    Business Outlook

    The company has updated its outlook for fiscal year 2024, based on factors that include:

    • Lower than anticipated paid ticket volume reflecting reduced creator acquisition and retention
    • Planned changes to pricing and packaging plans offered to creators including the introduction of a free tier

    As a result, the company now expects fiscal third quarter 2024 revenue to be in the range of $74 to $77 million and $318 million to $325 million for fiscal year 2024.

    The company has reviewed its product roadmap, organizational structure, and staffing with a focus on continuing support for the strategic transformation, increasing operating efficiency, and lowering costs. Today, the company announced the elimination of roughly 100 positions and initiated plans to reduce other costs. The company expects to incur up to $7 million in expenses related to severance and cost-reduction actions during Q3, and that these actions will reduce the company's total annualized operating costs by $30 million.

    At the mid-point of its revenue outlook, the company now expects a 10% Adjusted EBITDA margin for the full year 2024, excluding the impact of restructuring costs and other items.

    *We have not provided an outlook for GAAP net income (loss) or GAAP net income (loss) margin or reconciliations of expected Adjusted EBITDA to GAAP net income (loss) or expected Adjusted EBITDA margin to GAAP net income (loss) margin, because GAAP net income (loss) and GAAP net income (loss) margin on a forward-looking basis are not available without unreasonable efforts due to the potential variability and complexity of the items that are excluded from Adjusted EBITDA and Adjusted EBITDA margin, such as share-based compensation expense, foreign exchange gains and losses, and other non-recurring expenses.

    Earnings Webcast Information

    Event: Eventbrite Second Quarter 2024 Earnings Conference Call

    Date: Thursday, August 8, 2024

    Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

    Live Webcast Site: https://investor.eventbrite.com

    An archived webcast of the conference call will be accessible on Eventbrite's Investor Relations page, https://investor.eventbrite.com.

    About Eventbrite

    Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transforming how people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a vision to build a self-service platform that would make it possible for anyone to create and sell tickets to live experiences. With over 300 million tickets distributed for over 5 million events in 2023, Eventbrite is where people worldwide discover new things to do or new ways to do more of what they love. Eventbrite has also earned industry recognition as a top employer with special designations that include a coveted spot on Fast Company's prestigious The World's 50 Most Innovative Companies and Fast Company's Brands That Matter lists, the Great Place to Work® Award in the U.S., and Inc.'s Best-Led Companies honor. Learn more at www.eventbrite.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding the future performance of Eventbrite, Inc. and its consolidated subsidiaries (the "Company"); the Company's expectations with respect to its operating model; and the Company's expectations described under "Business Outlook" above. In some cases, forward-looking statements can be identified by terms such as "may," "will," "appears," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these words or other similar terms or expressions that concern the Company's expectations, strategy, plans, or intentions. Such statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause the Company's actual results, performance, or achievements to differ materially from results expressed or implied in this press release, including those more fully described in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Investors are cautioned not to place undue reliance on these statements. Actual results could differ materially from those expressed or implied. All forward-looking statements are based on information and estimates available to the Company at the time of this release, and are not guarantees of future performance, and reported results should not be considered as an indication of future performance. Except as required by law, the Company assumes no obligation to update any of the statements in this press release.

    Disclaimer Regarding Ticketing, Creator and Event Metrics

    This press release includes certain measures related to our ticketing business, such as paid tickets, paid creators, ticket buyers, average ticket value, and paid events. We believe that the use of these metrics is helpful to our investors as these metrics are used by management in assessing the health of our business and our operating performance. These metrics are based on what we believe to be reasonable estimates for the applicable period of measurement. There are inherent challenges in measuring these metrics, and we regularly review and may adjust our processes for calculating our internal metrics to improve their accuracy. You should not consider these metrics in isolation or as substitutes for analysis of our results of operations as reported under GAAP.

    Condensed Consolidated Balance Sheets

    (in thousands; unaudited)

     

    June 30, 2024

     

    December 31, 2023

    Assets

     

     

     

    Current assets

     

     

     

    Cash and cash equivalents

    $

    575,499

     

     

    $

    489,200

     

    Funds receivable

     

    28,869

     

     

     

    48,773

     

    Short-term investments, at amortized cost

     

    56,698

     

     

     

    153,746

     

    Accounts receivable, net

     

    4,856

     

     

     

    2,814

     

    Creator signing fees, net

     

    3,601

     

     

     

    634

     

    Creator advances, net

     

    6,852

     

     

     

    2,804

     

    Prepaid expenses and other current assets

     

    12,147

     

     

     

    13,880

     

    Total current assets

     

    688,522

     

     

     

    711,851

     

    Creator signing fees, net noncurrent

     

    1,553

     

     

     

    1,303

     

    Property and equipment, net

     

    12,643

     

     

     

    9,384

     

    Operating lease right-of-use assets

     

    1,000

     

     

     

    177

     

    Goodwill

     

    174,388

     

     

     

    174,388

     

    Acquired intangible assets, net

     

    9,132

     

     

     

    13,314

     

    Other assets

     

    7,282

     

     

     

    2,913

     

    Total assets

    $

    894,520

     

     

    $

    913,330

     

    Liabilities and Stockholders' Equity

     

     

     

    Current liabilities

     

     

     

    Accounts payable, creators

    $

    314,718

     

     

    $

    303,436

     

    Accounts payable, trade

     

    1,467

     

     

     

    1,821

     

    Chargebacks and refunds reserve

     

    8,213

     

     

     

    8,088

     

    Accrued compensation and benefits

     

    8,534

     

     

     

    17,522

     

    Accrued taxes

     

    5,712

     

     

     

    8,796

     

    Operating lease liabilities

     

    1,973

     

     

     

    1,523

     

    Other accrued liabilities

     

    13,062

     

     

     

    16,425

     

    Total current liabilities

     

    353,679

     

     

     

    357,611

     

    Accrued taxes, noncurrent

     

    4,532

     

     

     

    4,526

     

    Operating lease liabilities, noncurrent

     

    1,423

     

     

     

    1,768

     

    Long-term debt

     

    358,725

     

     

     

    357,668

     

    Total liabilities

     

    718,359

     

     

     

    721,573

     

    Stockholders' equity

     

     

     

    Common stock

     

    1

     

     

     

    1

     

    Additional paid-in capital

     

    1,032,205

     

     

     

    1,007,190

     

    Treasury stock at cost

     

    (37,184

    )

     

     

    —

     

    Accumulated deficit

     

    (818,861

    )

     

     

    (815,434

    )

    Total stockholders' equity

     

    176,161

     

     

     

    191,757

     

    Total liabilities and stockholders' equity

    $

    894,520

    $ 

    913,330

    Condensed Consolidated Statement of Operations

    (in thousands, except share and per share amounts; unaudited)

     

    Three Months Ended June 30,

     

    Six Months Ended June 30,

     

    2024

     

    2023

     

    2024

     

    2023

    Net revenue

    $

    84,551

     

     

    $

    78,912

     

     

    $

    170,803

     

     

    $

    156,826

     

    Cost of net revenue

     

    24,611

     

     

     

    24,603

     

     

     

    49,643

     

     

     

    50,998

     

    Gross profit

     

    59,940

     

     

     

    54,309

     

     

     

    121,160

     

     

     

    105,828

     

    Operating expenses

     

     

     

     

     

     

     

    Product development

     

    26,057

     

     

     

    23,486

     

     

     

    52,741

     

     

     

    50,050

     

    Sales, marketing and support

     

    24,521

     

     

     

    15,679

     

     

     

    45,390

     

     

     

    32,739

     

    General and administrative

     

    15,816

     

     

     

    21,826

     

     

     

    37,053

     

     

     

    43,544

     

    Total operating expenses

     

    66,394

     

     

     

    60,991

     

     

     

    135,184

     

     

     

    126,333

     

    Loss from operations

     

    (6,454

    )

     

     

    (6,682

    )

     

     

    (14,024

    )

     

     

    (20,505

    )

    Interest income

     

    7,382

     

     

     

    6,926

     

     

     

    14,789

     

     

     

    12,379

     

    Interest expense

     

    (2,806

    )

     

     

    (2,786

    )

     

     

    (5,606

    )

     

     

    (5,538

    )

    Other income (expense), net

     

    3,725

     

     

     

    80

     

     

     

    2,472

     

     

     

    (873

    )

    Income (loss) before income taxes

     

    1,847

     

     

     

    (2,462

    )

     

     

    (2,369

    )

     

     

    (14,537

    )

    Income tax provision

     

    784

     

     

     

    459

     

     

     

    1,058

     

     

     

    1,070

     

    Net income (loss)

    $

    1,063

     

     

    $

    (2,921

    )

     

    $

    (3,427

    )

     

    $

    (15,607

    )

    Net income (loss) per share

     

     

     

     

     

     

     

    Basic

    $

    0.01

     

     

    $

    (0.03

    )

     

    $

    (0.04

    )

     

    $

    (0.16

    )

    Diluted

    $

    0.01

     

     

    $

    (0.03

    )

     

    $

    (0.04

    )

     

    $

    (0.16

    )

    Weighted-average number of shares outstanding used to compute net income (loss) per share

     

     

     

     

     

     

     

    Basic

     

    96,142

     

     

     

    99,995

     

     

     

    95,557

     

     

     

    99,748

     

    Diluted

     

    96,290

     

     

    99,995

     

    95,557

     

    99,748

    Condensed Consolidated Statements of Cash Flows

    (in thousands; unaudited)

     

    Six Months Ended June 30,

     

     

    2024

     

     

     

    2023

     

    Cash flows from operating activities

     

     

     

    Net loss

    $

    (3,427

    )

     

    $

    (15,607

    )

    Adjustments to reconcile net loss to net cash provided by operating activities:

     

     

     

    Depreciation and amortization

     

    7,242

     

     

     

    6,709

     

    Stock-based compensation expense

     

    29,239

     

     

     

    26,693

     

    Amortization of debt discount and issuance costs

     

    1,057

     

     

     

    1,010

     

    Unrealized gain on foreign currency exchange

     

    (1,326

    )

     

     

    (1,674

    )

    Accretion on short-term investments

     

    (2,769

    )

     

     

    (3,585

    )

    Non-cash operating lease expenses

     

    273

     

     

     

    5,002

     

    Amortization of creator signing fees

     

    401

     

     

     

    468

     

    Changes related to creator advances, creator signing fees, and allowance for credit losses

     

    (2,920

    )

     

     

    (1,496

    )

    Provision for chargebacks and refunds

     

    14,559

     

     

     

    5,755

     

    Gain on litigation settlement

     

    (3,927

    )

     

     

    —

     

    Other

     

    623

     

     

     

    908

     

    Changes in operating assets and liabilities

     

     

     

    Accounts receivable

     

    (2,866

    )

     

     

    (763

    )

    Funds receivable

     

    20,155

     

     

     

    24,136

     

    Creator signing fees and creator advances

     

    (3,922

    )

     

     

    655

     

    Prepaid expenses and other assets

     

    1,291

     

     

     

    1,061

     

    Accounts payable, creators

     

    9,712

     

     

     

    15,789

     

    Accounts payable

     

    (366

    )

     

     

    (487

    )

    Chargebacks and refunds reserve

     

    (14,415

    )

     

     

    (8,350

    )

    Accrued compensation and benefits

     

    (8,988

    )

     

     

    985

     

    Accrued taxes

     

    (3,840

    )

     

     

    (8,596

    )

    Operating lease liabilities

     

    (991

    )

     

     

    (1,933

    )

    Other accrued liabilities

     

    (4,003

    )

     

     

    1,480

     

    Net cash provided by operating activities

     

    30,792

     

     

     

    48,160

     

    Cash flows from investing activities

     

     

     

    Purchases of short-term investments

     

    (112,185

    )

     

     

    (150,565

    )

    Maturities of short-term investments

     

    212,002

     

     

     

    85,500

     

    Purchases of property and equipment

     

    (403

    )

     

     

    (521

    )

    Capitalized internal-use software development costs

     

    (4,818

    )

     

     

    (3,161

    )

    Net cash provided by (used in) investing activities

     

    94,596

     

     

     

    (68,747

    )

    Cash flows from financing activities

     

     

     

    Repurchase of common stock

     

    (36,508

    )

     

     

    —

     

    Proceeds from exercise of stock options

     

    —

     

     

     

    748

     

    Taxes paid related to net share settlement of equity awards

     

    (5,776

    )

     

     

    (3,201

    )

    Proceeds from issuance of common stock under ESPP

     

    454

     

     

     

    567

     

    Principal payments on finance lease obligations

     

    —

     

     

     

    (1

    )

    Net cash used in financing activities

     

    (41,830

    )

     

     

    (1,887

    )

    Effect of exchange rate changes on cash, cash equivalents and restricted cash

     

    2,741

     

     

     

    2,787

     

    Net increase in cash, cash equivalents and restricted cash

     

    86,299

     

     

     

    (19,687

    )

    Cash, cash equivalents and restricted cash

     

     

     

    Beginning of period

     

    489,200

     

     

     

    540,174

     

    End of period

    $

    575,499

    $ 

    520,487

    Reconciliation of Net Income (Loss) to Adjusted EBITDA and the Calculation of Adjusted EBITDA Margin

    (in thousands; unaudited)

     

    Three Months Ended June 30,

     

    Six Months Ended June 30,

     

     

    2024

     

     

     

    2023

     

     

     

    2024

     

     

     

    2023

     

    Net income (loss)(1)

    $

    1,063

     

     

    $

    (2,921

    )

     

    $

    (3,427

    )

     

    $

    (15,607

    )

    Add:

     

     

     

     

     

     

     

    Depreciation and amortization

     

    3,649

     

     

     

    3,193

     

     

     

    7,243

     

     

     

    6,708

     

    Stock-based compensation

     

    15,276

     

     

     

    14,599

     

     

     

    29,238

     

     

     

    26,693

     

    Interest income

     

    (7,382

    )

     

     

    (6,926

    )

     

     

    (14,789

    )

     

     

    (12,379

    )

    Interest expense

     

    2,806

     

     

     

    2,786

     

     

     

    5,606

     

     

     

    5,538

     

    Employer taxes related to employee equity transactions

     

    365

     

     

     

    203

     

     

     

    792

     

     

     

    559

     

    Other (income) expense, net

     

    (3,725

    )

     

     

    (80

    )

     

     

    (2,472

    )

     

     

    873

     

    Income tax provision

     

    784

     

     

     

    459

     

     

     

    1,058

     

     

     

    1,070

     

    Adjusted EBITDA

    $

    12,836

     

     

    $

    11,313

     

     

    $

    23,249

     

     

    $

    13,455

     

     

     

     

     

     

     

     

     

    Net revenue

    $

    84,551

     

     

    $

    78,912

     

     

    $

    170,803

     

     

    $

    156,826

     

    Adjusted EBITDA margin

     

    15

    %

     

     

    14

    %

     

     

    14

    %

     

     

    9

    %

    (1) Net income (loss) and Adjusted EBITDA includes loss recovery from a legal settlement and minimal restructuring costs totaling $4.3 million and $4.2 million in the three and six months ended June 30, 2024, and restructuring costs totaling $5.6 million and $14.4 million in the three and six months ended June 30, 2023.

    About Non-GAAP Financial Measures

    We believe that the use of Adjusted EBITDA and Adjusted EBITDA margin is helpful to our investors in understanding and evaluating our results of operations and useful measures for period-to-period comparisons of our business performance as they are metrics used by management in assessing the health of our business and our operating performance, making operating decisions, and performing strategic planning and annual budgeting. These measures are not prepared in accordance with GAAP and have limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of our results of operations as reported under GAAP. In addition, other companies may not calculate non-GAAP financial measures in the same manner as we calculate them, limiting their usefulness as comparative measures. You are encouraged to evaluate the adjustments and the reasons we consider them appropriate. Some amounts in this press release may not add due to rounding.

    Adjusted EBITDA

    We calculate Adjusted EBITDA as net income (loss) adjusted to exclude depreciation and amortization, stock-based compensation expense, interest expense, interest income, employer taxes related to employee transactions, other (income) expense net, which consists of foreign exchange rate gains and losses, and income tax provision (benefit). Adjusted EBITDA should not be considered as an alternative to net income (loss) or any other measure of financial performance calculated and presented in accordance with GAAP.

    Some of the limitations of Adjusted EBITDA include (i) Adjusted EBITDA does not properly reflect capital spending that occurs off of the income statement or account for future contractual commitments, (ii) although depreciation and amortization are non-cash charges, the underlying assets may need to be replaced and Adjusted EBITDA does not reflect these capital expenditures and (iii) Adjusted EBITDA does not reflect the interest and principal required to service our indebtedness. In evaluating Adjusted EBITDA, you should be aware that in the future we expect to incur expenses similar to the adjustments in this release. Our presentation of Adjusted EBITDA should not be construed as an inference that our future results will be unaffected by these expenses or any unusual or non-routine items. When evaluating our performance, you should consider Adjusted EBITDA alongside other financial performance measures, including our net income (loss) and other GAAP results.

    Adjusted EBITDA Margin

    Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by net revenue. Because of the limitations described above, you should consider Adjusted EBITDA and Adjusted EBITDA Margin alongside other financial performance measures, including net income (loss), net income (loss) margin and our other GAAP results.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240808107627/en/

    Get the next $EB alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $EB

    DatePrice TargetRatingAnalyst
    2/28/2025$5.00 → $3.50Buy → Neutral
    B. Riley Securities
    8/9/2024Overweight → Sector Weight
    KeyBanc Capital Markets
    8/9/2024Buy → Hold
    Truist
    8/9/2024$9.00 → $4.00Overweight → Neutral
    Piper Sandler
    12/8/2023$13.00Buy
    B. Riley Securities
    11/27/2023$12.00Buy
    BWS Financial
    7/27/2023$14.00Sector Weight → Overweight
    KeyBanc Capital Markets
    7/15/2022$13.00Overweight
    Piper Sandler
    More analyst ratings

    $EB
    Financials

    Live finance-specific insights

    See more
    • Eventbrite Reports First Quarter 2025 Financial Results

      Delivers first quarter revenue of $73.8 million and Adjusted EBITDA margin of 6.2%, at the upper end of the company's outlook range Grew Average Monthly Active Users to nearly 88 million, with app users up 13% year-over-year Reaffirms Fiscal Year 2025 Financial Outlook Eventbrite (NYSE:EB), a global marketplace for shared experiences, reported its financial results for the first quarter ended March 31, 2025. The Company's First Quarter Investor Presentation can be found on Eventbrite's Investor Relations website at https://investor.eventbrite.com. "We're off to a solid start in 2025, with first quarter results landing at the high end of our guidance," said Julia Hartz, Co-Founder, Chief

      5/8/25 4:05:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Announces Date of First Quarter 2025 Financial Results

      Eventbrite (NYSE:EB), a global marketplace for shared experiences, announced that it will release its financial results for the first quarter ended March 31, 2025, after the market closes on Thursday, May 8, 2025. Starting with the release of its first quarter 2025 results, Eventbrite will no longer publish a quarterly letter to shareholders. The company's earnings press release, presentation and webcast will be available via Eventbrite's investor relations website at investor.eventbrite.com. Earnings Webcast Information Event: Eventbrite First Quarter 2025 Earnings Conference Call Date: Thursday, May 8, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Site: htt

      4/24/25 4:05:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Reports Fourth Quarter 2024 Financial Results

      Revenue of $76.5 million was at the upper end of the company's outlook range Consumer reach exceeded 87 million average monthly active users, with paid ticket volume of 21.6 million Creator acquisition continued to improve following the reintroduction of the free tier in September Eventbrite (NYSE:EB), a global marketplace for shared experiences, reported its financial results for the fourth quarter ended December 31, 2024. The Fourth Quarter 2024 Shareholder Letter can be found on Eventbrite's Investor Relations website at https://investor.eventbrite.com. "In the fourth quarter, we delivered revenue at the upper end of our outlook range and exceeded our Adjusted EBITDA margin targe

      2/27/25 4:05:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology

    $EB
    Leadership Updates

    Live Leadership Updates

    See more
    • Eventbrite Welcomes Anand Gandhi as Chief Financial Officer; Lanny Baker to Continue Leading Operations as Chief Operating Officer

      New Leadership Appointments Designed to Drive Marketplace Transformation and Propel Eventbrite into its Next Growth Phase Eventbrite (NYSE:EB), a global marketplace for shared experiences, today announced the appointment of Anand Gandhi, a seasoned financial executive, to the role of Chief Financial Officer. Gandhi assumes the role from Lanny Baker, who will focus on driving operational excellence and revenue generation as Chief Operating Officer. Effective November 19, 2024, these leadership appointments are designed to drive forward the company's marketplace transformation and next phase of growth. Anand joins Eventbrite with 25 years of financial leadership experience across large, pub

      11/7/24 4:10:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Announces Key Executive Appointments

      Company Expands Lanny Baker's Role to Chief Operating and Financial Officer; Welcomes Samantha Wu as Chief Marketing Officer Eventbrite (NYSE:EB), a global marketplace for shared experiences, today announced the appointment of Lanny Baker, the company's Chief Financial Officer, to the expanded role of Chief Operating and Financial Officer, effective immediately. Eventbrite also welcomes experienced consumer marketing executive Samantha Wu as its new Chief Marketing Officer, effective September 4, 2024. In this expanded capacity, Baker will spearhead business operations, cross-functional performance and resource optimization. He will lead Eventbrite's global sales, customer success and s

      8/8/24 4:10:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Appoints Julia Hartz as Executive Chair of the Board of Directors

       Kevin Hartz Will Not Stand For Re-election as Executive Chairman of Board of Directors; Steffan Tomlinson Will Step Down After 8 Years Eventbrite (NYSE:EB), a global marketplace for shared experiences, today announced the appointment of CEO Julia Hartz to the role of Executive Chair of the Board of Directors, effective June 6, 2024. Additionally, current Executive Chairman Kevin Hartz will not stand for re-election to the board of directors at the annual general meeting on June 6, 2024, and current board member Steffan Tomlinson will step down from the board effective immediately. Kevin Hartz will complete his current term, and Julia Hartz will become the Executive Chair of Eventbrite

      3/25/24 4:15:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology

    $EB
    SEC Filings

    See more
    • SEC Form 10-Q filed by Eventbrite Inc.

      10-Q - Eventbrite, Inc. (0001475115) (Filer)

      5/8/25 4:08:58 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Eventbrite, Inc. (0001475115) (Filer)

      5/8/25 4:05:08 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Inc. filed SEC Form 8-K: Leadership Update

      8-K - Eventbrite, Inc. (0001475115) (Filer)

      5/7/25 8:01:07 AM ET
      $EB
      Computer Software: Programming Data Processing
      Technology

    $EB
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Eventbrite Reports First Quarter 2025 Financial Results

      Delivers first quarter revenue of $73.8 million and Adjusted EBITDA margin of 6.2%, at the upper end of the company's outlook range Grew Average Monthly Active Users to nearly 88 million, with app users up 13% year-over-year Reaffirms Fiscal Year 2025 Financial Outlook Eventbrite (NYSE:EB), a global marketplace for shared experiences, reported its financial results for the first quarter ended March 31, 2025. The Company's First Quarter Investor Presentation can be found on Eventbrite's Investor Relations website at https://investor.eventbrite.com. "We're off to a solid start in 2025, with first quarter results landing at the high end of our guidance," said Julia Hartz, Co-Founder, Chief

      5/8/25 4:05:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite to Participate in the J.P. Morgan Global Technology, Media and Communications Conference

      Eventbrite, Inc. (NYSE:EB), a global marketplace for shared experiences, today announced that Anand Gandhi, Chief Financial Officer, is scheduled to participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 14th, at 12:40 p.m. Pacific Time / 3:40 p.m. Eastern Time. A live webcast and replay of the fireside chat will be available on the company's investor relations website at https://investor.eventbrite.com. About Eventbrite Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transformin

      5/6/25 4:05:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite Announces Date of First Quarter 2025 Financial Results

      Eventbrite (NYSE:EB), a global marketplace for shared experiences, announced that it will release its financial results for the first quarter ended March 31, 2025, after the market closes on Thursday, May 8, 2025. Starting with the release of its first quarter 2025 results, Eventbrite will no longer publish a quarterly letter to shareholders. The company's earnings press release, presentation and webcast will be available via Eventbrite's investor relations website at investor.eventbrite.com. Earnings Webcast Information Event: Eventbrite First Quarter 2025 Earnings Conference Call Date: Thursday, May 8, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Site: htt

      4/24/25 4:05:00 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology

    $EB
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Eventbrite downgraded by B. Riley Securities with a new price target

      B. Riley Securities downgraded Eventbrite from Buy to Neutral and set a new price target of $3.50 from $5.00 previously

      2/28/25 7:23:55 AM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite downgraded by KeyBanc Capital Markets

      KeyBanc Capital Markets downgraded Eventbrite from Overweight to Sector Weight

      8/9/24 7:27:34 AM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Eventbrite downgraded by Truist

      Truist downgraded Eventbrite from Buy to Hold

      8/9/24 7:27:18 AM ET
      $EB
      Computer Software: Programming Data Processing
      Technology

    $EB
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Technology Officer Sagi Vivek converted options into 11,086 shares and covered exercise/tax liability with 2,700 shares, increasing direct ownership by 1% to 666,988 units (SEC Form 4)

      4 - Eventbrite, Inc. (0001475115) (Issuer)

      5/5/25 4:43:24 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Chief Product Officer Dworkin Ted covered exercise/tax liability with 7,692 shares, decreasing direct ownership by 0.85% to 901,036 units (SEC Form 4)

      4 - Eventbrite, Inc. (0001475115) (Issuer)

      5/5/25 4:43:01 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • General Counsel Taylor Julia D. covered exercise/tax liability with 2,182 shares, decreasing direct ownership by 0.83% to 259,894 units (SEC Form 4)

      4 - Eventbrite, Inc. (0001475115) (Issuer)

      5/5/25 4:42:44 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology

    $EB
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Eventbrite Inc.

      SC 13G - Eventbrite, Inc. (0001475115) (Subject)

      11/14/24 6:00:11 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Amendment: SEC Form SC 13G/A filed by Eventbrite Inc.

      SC 13G/A - Eventbrite, Inc. (0001475115) (Subject)

      11/12/24 2:32:30 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology
    • Amendment: SEC Form SC 13G/A filed by Eventbrite Inc.

      SC 13G/A - Eventbrite, Inc. (0001475115) (Subject)

      11/8/24 12:31:03 PM ET
      $EB
      Computer Software: Programming Data Processing
      Technology