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Eventbrite(EB) - 2024 Q2 - Quarterly Results
2024-08-08 20:07
Exhibit 99.1 8/8/2024 Second Quarter 2024 Highlights Eventbrite Reports Second Quarter 2024 Financial Results Second quarter revenue grows 7% year-over-year to $84.6 million, within outlook range Revises full year net revenue outlook reflecting pricing-related adjustments Announces plan to reduce operating expenses and strengthen long-term results SAN FRANCISCO -- (BUSINESS WIRE) -- Eventbrite (NYSE: EB), a global marketplace for shared experiences, reported its financial results for the second quarter ende ...
Sell Alert: 3 Stocks to Offload Near 52-Week Lows
Investor Place· 2024-07-18 10:33
Dumping these stocks is a strategic move, especially when they continue to trend downward, offering little to no upside potential ahead. When a stock continues reaching fresh lows, it's typically a sign of deep-seated issues. Some of these issues may include dwindling fundamentals or ongoing negative market trends. Planet Image (YIBO) Unsurprisingly, the firm's recent public listing in late January was a massive flop, with the stock plummeting by over 33% in the past six months. Hence, given the market's lu ...
Eventbrite (EB) Soars 22.8%: Is Further Upside Left in the Stock?
ZACKS· 2024-07-17 15:35
Eventbrite (EB) shares ended the last trading session 22.8% higher at $5.70. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.1% loss over the past four weeks. This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of -100%. Revenues are expected to be $86.15 million, up 9.2% from the year-ago quarter. For Eventbrite, the consensus EPS es ...
Eventbrite: Risk-Reward Situation Is Attractive
Seeking Alpha· 2024-06-25 17:29
vent ' E R Sundry Photography Investment overview I give a buy rating for Eventbrite (NYSE:EB), as the risk-reward situation is quite attractive. The downside is protected by the cash in EB's balance sheet, while the upside is that EB sees growth accelerate back to 20% with margin expansion and multiples rerating upwards. I should note to readers that the main motivating factor for me to give a buy rating is the attractive risk/reward situation. Fundamentally, I am still slightly cautious about how things w ...
Eventbrite(EB) - 2024 Q1 - Earnings Call Transcript
2024-05-03 00:05
Eventbrite, Inc. (NYSE:EB) Q1 2024 Results Conference Call May 2, 2024 5:00 PM ET Company Participants Katie Pickett - Investor Relations Julia Hartz - Co-Founder and Chief Executive Officer Lanny Baker - Chief Financial Officer Conference Call Participants Joseph Kalia - Truist Securities Justin Patterson - KeyBanc Matt Farro - Piper Sandler Dae Lee - JPMorgan Hamed Khorsand - BWS Financial Joseph Kelly - Truist Securities Operator Good afternoon, ladies and gentlemen, and welcome to Eventbrite's First Qua ...
Eventbrite(EB) - 2024 Q1 - Quarterly Report
2024-05-02 20:11
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________ FORM 10-Q ____________________________________________________________________________ For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fr ...
Eventbrite(EB) - 2024 Q1 - Quarterly Results
2024-05-02 20:07
SAN FRANCISCO -- (BUSINESS WIRE) -- Eventbrite (NYSE: EB), a global marketplace for shared experiences, reported its financial results for the first quarter ended March 31, 2024. The First Quarter 2024 Shareholder Letter can be found on Eventbrite's Investor Relations website at https://investor.eventbrite.com. Eventbrite Reports First Quarter 2024 Financial Results First quarter revenue of $86.3 million grew 11% year-over-year Marketplace revenue from non-ticketing sources exceeded 13% of first quarter rev ...
5 US penny stocks to buy now for short-term gains
Invezz· 2024-04-22 16:13
Penny stocks are among the most popular assets among day traders because of their substantially lower prices compared to big companies like Berkshire Hathaway and Amazon. They are also high-risk investments, as evidenced by the performance of Fisker and Bit Brother. So, here are some penny stocks to buy for short-term gains.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.GoProCopy link to sectionGoPro (NASDAQ: GPRO) has become one of the biggest falle ...
3 Stocks Under $10 That Could Make You a Millionaire by 2030
InvestorPlace· 2024-04-17 21:03
Buying and holding stocks for years is some of the most common advice you’d hear from market experts when it comes to building your wealth. My own average holding is ten years, though I’m (slowly) moving toward a more income-based portfolio.Buy-and-hold eliminates some laborious processes, like monitoring your portfolio daily to find your entries and exits. Additionally, I use the power of compounding gains to my advantage by steadily adding to my selection of undervalued stocks.Indeed, not everyone can pre ...
Eventbrite: Potential Catalysts Are Aggressive Buybacks And Q1 EBITDA Beat
Seeking Alpha· 2024-04-15 22:33
Sundry Photography Elevator Pitch Eventbrite, Inc. (NYSE:EB) stock is rated as a Buy. In my prior April 12, 2023, initiation article, I evaluated EB's financial prospects for fiscal 2023. The focus of this latest update is the potential re-rating catalysts for Eventbrite. Eventbrite's shares can perform well going forward if the company buys back its own undervalued shares aggressively and surprises the market with a Q1 EBITDA beat (expected around May 3rd). As such, I award a Buy rating to Eventbrite, cons ...