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Eventbrite (EB) Q2 Earnings Top Estimates
ZACKS· 2024-08-08 23:36
Eventbrite (EB) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 116.67%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced a loss of $0.05, delivering a surprise of 16.67%. Over the last four quarters, the company has ...
Eventbrite is laying off 11% of its staff
Business Insider· 2024-08-08 20:50
Eventbrite is letting go of about 100 employees, or 11% of its workforce, the company said Thursday. It expects to incur about $7 million in costs associated with the reduction. The company previously cut 8% of its workforce in February 2023. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personal ...
Eventbrite(EB) - 2024 Q2 - Quarterly Report
2024-08-08 20:12
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________ FORM 10-Q ____________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-------- ...
Eventbrite(EB) - 2024 Q2 - Quarterly Results
2024-08-08 20:07
Exhibit 99.1 8/8/2024 Second Quarter 2024 Highlights Eventbrite Reports Second Quarter 2024 Financial Results 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 SAN FRANCISCO -- (BUSINESS WIRE) -- Eventbrite (NYSE: EB), a global marketplace for shared experiences, reported its financial results for the second quarter ende ...
Sell Alert: 3 Stocks to Offload Near 52-Week Lows
Investor Place· 2024-07-18 10:33
Dumping these stocks is a strategic move, especially when they continue to trend downward, offering little to no upside potential ahead. When a stock continues reaching fresh lows, it's typically a sign of deep-seated issues. Some of these issues may include dwindling fundamentals or ongoing negative market trends. Planet Image (YIBO) Unsurprisingly, the firm's recent public listing in late January was a massive flop, with the stock plummeting by over 33% in the past six months. Hence, given the market's lu ...
Eventbrite (EB) Soars 22.8%: Is Further Upside Left in the Stock?
ZACKS· 2024-07-17 15:35
Eventbrite (EB) shares ended the last trading session 22.8% higher at $5.70. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.1% loss over the past four weeks. This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of -100%. Revenues are expected to be $86.15 million, up 9.2% from the year-ago quarter. For Eventbrite, the consensus EPS es ...
Eventbrite: Risk-Reward Situation Is Attractive
Seeking Alpha· 2024-06-25 17:29
vent ' E R Sundry Photography Investment overview I give a buy rating for Eventbrite (NYSE:EB), as the risk-reward situation is quite attractive. The downside is protected by the cash in EB's balance sheet, while the upside is that EB sees growth accelerate back to 20% with margin expansion and multiples rerating upwards. I should note to readers that the main motivating factor for me to give a buy rating is the attractive risk/reward situation. Fundamentally, I am still slightly cautious about how things w ...
Eventbrite(EB) - 2024 Q1 - Earnings Call Transcript
2024-05-03 00:05
Eventbrite, Inc. (NYSE:EB) Q1 2024 Results Conference Call May 2, 2024 5:00 PM ET Company Participants Katie Pickett - Investor Relations Julia Hartz - Co-Founder and Chief Executive Officer Lanny Baker - Chief Financial Officer Conference Call Participants Joseph Kalia - Truist Securities Justin Patterson - KeyBanc Matt Farro - Piper Sandler Dae Lee - JPMorgan Hamed Khorsand - BWS Financial Joseph Kelly - Truist Securities Operator Good afternoon, ladies and gentlemen, and welcome to Eventbrite's First Qua ...
Eventbrite(EB) - 2024 Q1 - Quarterly Report
2024-05-02 20:11
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________ FORM 10-Q ____________________________________________________________________________ For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fr ...
Eventbrite(EB) - 2024 Q1 - Quarterly Results
2024-05-02 20:07
SAN FRANCISCO -- (BUSINESS WIRE) -- Eventbrite (NYSE: EB), a global marketplace for shared experiences, reported its financial results for the first quarter ended March 31, 2024. The First Quarter 2024 Shareholder Letter can be found on Eventbrite's Investor Relations website at https://investor.eventbrite.com. Eventbrite Reports First Quarter 2024 Financial Results First quarter revenue of $86.3 million grew 11% year-over-year Marketplace revenue from non-ticketing sources exceeded 13% of first quarter rev ...