NYSE$EB

Eventbrite Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Revenue above outlook range, consumer reach totaled over 93 million, and paid ticket volume reached 19.7 million.

Eventbrite reported Q3 2024 financial results with revenue of $77.8 million, above the outlook range. Consumer reach totaled over 93 million with paid ticket volume of 19.7 million. Creator acquisition improved following the introduction of the free tier in September.

  • Net Revenue reached $77.8 million, a 5% decrease year-over-year.
  • Total free and paid ticket volume amounted to 65.0 million across 1.4 million events.
  • Gross Margin was 68.5% compared to 68.3% in the previous year.
  • Net Loss was $(3.8) million, including $5.4 million from reduction in force charges, compared to $(9.9) million in the same period last year.

Headline financials

Total Revenue

$77.8M

Previous: $81.5M-4.6%
EPS

-$0.04

Previous: -$0.10+60.0%
Paid Ticket Volume

19.7M

No prior period
Gross Ticket Sales

$795M

No prior period
Gross Profit Margin

68.0%

No prior period
Net Income Margin

-5.0%

No prior period
Adjusted EBITDA

$5.34M

No prior period
Adjusted EBITDA Margin

7.0%

No prior period
Capital Expenditures

-$585K

Previous: -$991K+41.0%
Free Cash Flow

-$4.35M

Previous: -$10.9M+60.2%
Net Income

-$3.77M

Previous: -$9.94M+62.1%
Operating Income

-$8.95M

Previous: -$11.6M+22.6%
Gross Profit

$53.3M

Previous: $55.7M-4.3%
Cash & Equivalents

$531M

Previous: $568M-6.5%
Total Assets

$817M

Previous: $972M-15.9%
R&D Expense

$19.2M

Previous: $22.9M-16.3%
Stock-Based Comp

$10.2M

Previous: $14.5M-29.2%

Revenue & EPS history

Eventbrite · Revenue · Quarterly

$77.8M

Q3 2024-4.6%vs Q3 2023
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

The company expects fourth quarter 2024 revenue to be within a range of $74 to $77 million, and full-year 2024 revenue will be within a range of $322 million to $326 million. At the midpoint of our revenue outlook range, we expect Adjusted EBITDA margin, excluding the impact of severance costs and other non-routine items, to be approximately 10% for the year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-2.6%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

52%

15 / 29 earnings

Positive

+19.7%

Q3 2025

Best reaction

-29.6%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+19.7%+30.7%+101.8%
Q2 2025+13.6%+18.6%+17.6%
Q1 2025+7.9%+2.2%+10.0%
Q4 2024-21.3%-20.3%-27.7%
Q3 2024+0.9%+7.4%+7.6%
Q2 2024-19.1%-20.4%-24.0%
Q1 2024+2.6%+4.3%-7.3%
Q4 2023-29.4%-30.7%-33.4%
Q3 2023-3.9%-2.1%-14.8%
Q2 2023+2.3%+3.2%-6.7%
Q1 2023+15.3%+8.7%+18.9%
Q4 2022+13.2%+6.6%-3.9%
Q3 2022+7.1%+11.4%+16.1%
Q2 2022-14.3%-25.4%-32.2%
Q1 2022-0.5%+11.4%+11.4%
Q4 2021-5.2%+2.8%-12.8%
Q3 2021-0.3%
Q2 2021+4.7%
Q1 2021+2.7%
Q4 2020-4.8%
Q3 2020+6.5%
Q2 2020+2.2%
Q1 2020-21.8%
Q4 2019-17.6%
Q3 2019+19.7%
Q2 2019+8.0%
Q1 2019-29.6%
Q4 2018-22.2%
Q3 2018-11.0%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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