Eventbrite, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:08 pm EDT
Share
Eventbrite, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 81.54 million compared to USD 67.47 million a year ago. Net loss was USD 9.94 million compared to USD 21.12 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.21 a year ago.
For the nine months, sales was USD 238.37 million compared to USD 189.39 million a year ago. Net loss was USD 25.54 million compared to USD 59.4 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.61 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. 
