Eventbrite Reports First Quarter 2023 Financial Results
09 Maio 2023 - 5:05PM
Business Wire
First quarter revenues climb 39% to reach new
three-year high of $77.9 million
Paid ticket volume up 28% to 23 million
tickets
Seventh consecutive quarter of positive
Adjusted EBITDA
Strong Eventbrite Ads and Boost adoption
accelerates marketplace transformation
Eventbrite, Inc. (NYSE:EB), a global self-service ticketing,
marketing and experience technology platform, today posted its
financial results for the first quarter ended March 31, 2023. The
First Quarter 2023 Shareholder Letter can be found on Eventbrite’s
Investor Relations website at https://investor.eventbrite.com.
“We’re off to an excellent start in 2023. We’ve achieved
remarkable revenue growth of 39% from over $900 million in gross
ticket sales. Our exceptional execution has allowed us to
effectively meet the demands of a highly active live events market.
Our enhanced Eventbrite Ads and Boost tools have been instrumental
in increasing our creators' audience demand, further reinforcing
the value of our marketplace,” said Julia Hartz, Co-Founder and
Chief Executive Officer. “We're seeing a significant acceleration
in the adoption of Boost and Eventbrite Ads, resulting in a rapid
increase in consumer demand for our unique event inventory. Our
marketplace strategy is gaining momentum, thanks to our strong
product roadmap and increased efficiency and leverage. We're
excited to pursue the tremendous opportunity ahead of us,
delivering sustainable growth to our shareholders while boosting
monetization.”
Earnings Webcast Information
Eventbrite will host a conference call and live Q&A session
today at 2:00 p.m. Pacific Time to discuss the company’s first
quarter financial results. The webcast of the conference call can
be accessed as follows:
Event: Eventbrite First Quarter 2023 Earnings Conference
Call
Date: Tuesday, May 9, 2023
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 also be
accessible on Eventbrite’s Investor Relations page,
https://investor.eventbrite.com.
About Eventbrite
Eventbrite is a global self-service ticketing, marketing, and
experience technology platform that connects hundreds of thousands
of event creators with audiences in nearly 180 countries. Since
inception, Eventbrite has been at the center of the experience
economy, transforming the way people organize and attend events.
The company was founded by Julia Hartz, Kevin Hartz and Renaud
Visage, with a vision to build a highly-scalable self-service
platform that would make it possible for anyone to create, promote
and sell tickets to live experiences. Eventbrite enables creators
to grow their audience reach and generate demand for events, while
also helping event seekers find experiences ranging from annual
culinary festivals to professional webinars to weekly yoga
workshops. With over 280 million tickets distributed for over 5
million total events in 2022, Eventbrite is where people all over
the world 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230509006153/en/
Eventbrite Investor Relations:
investors@eventbrite.com
Eventbrite (NYSE:EB)
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