{"id":756844,"date":"2023-05-09T19:16:44","date_gmt":"2023-05-09T23:16:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eventbrite-reports-first-quarter-2023-financial-results\/"},"modified":"2023-05-09T19:16:44","modified_gmt":"2023-05-09T23:16:44","slug":"eventbrite-reports-first-quarter-2023-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eventbrite-reports-first-quarter-2023-financial-results\/","title":{"rendered":"Eventbrite Reports First Quarter 2023 Financial Results"},"content":{"rendered":"

<\/p>\n

Eventbrite Reports First Quarter 2023 Financial Results<\/b><\/p>\n

First quarter revenues climb 39% to reach new three-year high of $77.9 million<\/i><\/p>\n

Paid ticket volume up 28% to 23 million tickets<\/i><\/p>\n

Seventh consecutive quarter of positive Adjusted EBITDA<\/i><\/p>\n

Strong Eventbrite Ads and Boost adoption accelerates marketplace transformation<\/i><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nEventbrite, 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\u2019s Investor Relations website at https:\/\/investor.eventbrite.com<\/a>.<\/p>\n

\n\u201cWe\u2019re off to an excellent start in 2023. We\u2019ve 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,\u201d said Julia Hartz, Co-Founder and Chief Executive Officer. \u201cWe’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.\u201d<\/p>\n

Earnings Webcast Information<\/span><\/p>\n

\nEventbrite will host a conference call and live Q&A session today at 2:00 p.m. Pacific Time to discuss the company\u2019s first quarter financial results. The webcast of the conference call can be accessed as follows:<\/p>\n

\nEvent: Eventbrite First Quarter 2023 Earnings Conference Call<\/p>\n

\nDate: Tuesday, May 9, 2023<\/p>\n

\nTime: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)<\/p>\n

\nLive Webcast Site: https:\/\/investor.eventbrite.com<\/a><\/p>\n

\nAn archived webcast of the conference call will also be accessible on Eventbrite\u2019s Investor Relations page, https:\/\/investor.eventbrite.com<\/a>.<\/p>\n

About Eventbrite<\/span><\/p>\n

\nEventbrite 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\u2019s prestigious The World\u2019s 50 Most Innovative Companies and Fast Company\u2019s Brands That Matter lists, the Great Place to Work\u00ae Award in the U.S., and Inc.’s Best-Led Companies honor. Learn more at www.eventbrite.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230509006153\/en\/<\/a><\/span><\/p>\n

Eventbrite Investor Relations:
\n<\/span>
investors@eventbrite.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Marketing Entertainment Communications Apps\/Applications Technology Events\/Concerts<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Eventbrite Reports First Quarter 2023 Financial Results 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 SAN FRANCISCO–(BUSINESS WIRE)– 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\u2019s Investor Relations website at https:\/\/investor.eventbrite.com. \u201cWe\u2019re off to an excellent start in 2023. We\u2019ve achieved remarkable revenue growth of 39% from over $900 million in gross ticket sales. Our exceptional execution has allowed us to effectively … <\/p>\n

Continue reading “Eventbrite Reports First Quarter 2023 Financial Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-756844","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEventbrite Reports First Quarter 2023 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eventbrite-reports-first-quarter-2023-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eventbrite Reports First Quarter 2023 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eventbrite Reports First Quarter 2023 Financial Results 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 SAN FRANCISCO–(BUSINESS WIRE)– 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\u2019s Investor Relations website at https:\/\/investor.eventbrite.com. \u201cWe\u2019re off to an excellent start in 2023. We\u2019ve achieved remarkable revenue growth of 39% from over $900 million in gross ticket sales. 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