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SAN FRANCISCO - Eventbrite, Inc. (NYSE:EB) shares fell 8.1% in after-hours trading after the event management and ticketing platform reported fourth-quarter earnings that missed analyst expectations and provided weak guidance for 2025.
The company reported a Q4 adjusted loss of $0.09 per share, $0.04 worse than the analyst estimate of a $0.05 loss. Revenue for the quarter came in at $76.5 million, slightly above the consensus estimate of $75.67 million but down 13% YoY.
Eventbrite’s total ticket volume grew 2% to 72 million across 1.4 million events. However, paid ticket volume declined 10% to 21.6 million. The company’s consumer reach exceeded 87 million average monthly active users.
CEO Julia Hartz stated, "The strategic decisions we made in 2024, including refocusing on ticketing growth, strengthening our creator offering, and enhancing the consumer experience, are delivering results."
For Q1 2025, Eventbrite expects revenue between $71-74 million, with an adjusted EBITDA margin in the mid-single digits. The company projects full-year 2025 revenue of $295-310 million, below 2024’s $325.1 million, citing a $20 million revenue headwind from eliminating organizer fees.
The weak outlook and earnings miss appear to be driving the stock’s after-hours decline. Eventbrite expects 2025 to be a transition year as it laps the impacts of organizer fees and anticipates paid ticket volume returning to growth in the second half of the year.
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