Eventbrite, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 04:09 pm EDT
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Eventbrite, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 67.47 million compared to USD 53.37 million a year ago. Net loss was USD 21.12 million compared to USD 16.81 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.18 a year ago.
For the nine months, sales was USD 189.39 million compared to USD 127.5 million a year ago. Net loss was USD 59.4 million compared to USD 122.24 million a year ago. Basic loss per share from continuing operations was USD 0.61 compared to USD 1.3 a year ago.
Eventbrite, Inc. is a global self-service ticketing and experience technology platform that serves event creators. The Companyâs two-sided marketplace connects millions of creators and consumers every month to share their passions, artistry, and causes through live experiences. The Company has hosted over five million free and paid events, issuing over 300 million tickets. Its platform enables the sale and distribution of event tickets through select third-party platforms, such as Meta and Bandsintown. The Company provides relevant and appealing experiences for its consumers by leaning into localized and relevant event discovery. It also invests in the growth of highly popular event offerings, events hosted in populated metropolitan areas, as well as expanding its events catalog to new cities and countries. The Company's subsidiaries include Eventbrite UK Limited, Eventbrite International, Inc., TSTM Group Limited, Eventbrite Operations (IE) Limited, and others.
EVENTBRITE, INC. 
