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Eventbrite(EB) - 2024 Q2 - Earnings Call Presentation
2024-08-10 04:48
| --- | --- | --- | --- | --- | |-------|-------|-------------------------------------------|-------|-------| | | | Q2 INVESTOR PRESENTATION \nAugust 8, 2024 | | | | | | eventbrite | | | | | | li | | | | | | 0 | | | Disclaimer Regarding Forward Looking Statements 2 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial ...
Eventbrite(EB) - 2024 Q2 - Earnings Call Transcript
2024-08-10 04:40
Eventbrite, Inc. (NYSE:EB) Q2 2024 Earnings Call August 8, 2024 5:00 PM ET Company Participants Katie Pickett - Investor Relations Julia Hartz - Co-Founder and Chief Executive Officer Lanny Baker - Chief Operating and Financial Officer Conference Call Participants Cameron Mansson-Perrone - Morgan Stanley Justin Patterson - KeyBanc Capital Hamed Khorsand - BWS Financial Naved Khan - B. Riley Securities Operator Good afternoon, everyone, and welcome to the Eventbrite, Inc. Second Quarter 2024 Earnings Confere ...
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
Company Overview - Planet Image (YIBO) has faced significant challenges in the toner cartridge market, with sales showing minimal growth from $141.5 million in December 2020 to $150.2 million in December 2023, indicating a secular decline due to shifting consumer preferences towards digital solutions and eco-friendly products [19] - Eventbrite (NYSE:EB) has lost over 56% of its value in the past year, with a concerning 8% year-over-year drop in paid ticket volumes to 21 million, and a decline in paid creator count by 13,000 to 170,000 [4][11] - Varex Imaging (NASDAQ:VREX) has struggled to establish a dominant position in the X-ray imaging systems market, with a company-wide sales drop of 10% year-over-year to $206 million, and a 37% decline in stock market performance last year [20][17] Financial Performance - Eventbrite's first-quarter revenue growth was $86.3 million, reflecting an 11% year-over-year increase, but this was a significant deceleration from the previous quarter's 22% growth rate [16] - Varex Imaging's Medical segment saw a 13% year-over-year drop in sales during Q1, worsening to a 15% drop in Q2, indicating that hospitals and medical facilities are delaying investments in new X-ray technology [12][17] Market Trends - The traditional printing supplies industry has experienced a nearly 15% decline between 2020 and 2022, with expectations of continued value loss in the foreseeable future [9] - The competition in the online event ticketing space is intensifying, with major players like StubHub and Ticketmaster limiting Eventbrite's upside potential [11]
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 ...