NYSE$SEAT
Vivid Seats Inc (Class A) · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Vivid Seats delivered strong results driven by core business performance and strategic initiatives.
Vivid Seats reported a strong first quarter with a 20% increase in Marketplace GOV and an 18% increase in revenue. The company is focused on international expansion and anticipates sustained double-digit growth.
- Marketplace GOV exceeded $1 billion, up 20% year-over-year.
- Revenue increased by 18% compared to the first quarter of 2023.
- Net income decreased by 65% year-over-year.
- The company is making progress on international expansion plans.
Headline financials
Revenue & EPS history
Vivid Seats · Revenue · Quarterly
$160M
Forward guidance
Vivid Seats anticipates high-teens Revenue and Adjusted EBITDA growth in 2024.
Tailwinds
- Marketplace GOV in the range of $4.2 billion to $4.5 billion
- Revenues in the range of $810.0 million to $840.0 million
- Adjusted EBITDA in the range of $160.0 million to $170.0 million
- Strategic deployment of robust cash flow
- Continue delivering shareholder value
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q1 2024
-5.4%
Avg return
Earnings day
-1.2%
Avg return
5 days after
-5.7%
Avg return
30 days after
26%
5 / 19 earnings
Positive
+20.9%
Q1 2023
Best reaction
-37.5%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +11.9% | +40.8% | +40.8% | |
| Q4 2025 | -7.7% | +4.9% | -0.7% | |
| Q3 2025 | -10.4% | -18.7% | -35.9% | |
| Q1 2025 | -37.5% | -35.8% | -41.2% | |
| Q4 2024 | -23.1% | -28.9% | -24.9% | |
| Q3 2024 | -12.9% | -4.4% | -17.8% | |
| Q2 2024 | -11.4% | -12.9% | +10.7% | |
| Q1 2024 | -2.6% | +0.2% | -4.2% | |
| Q4 2023 | -13.6% | -6.4% | -4.9% | |
| Q3 2023 | +17.3% | +17.9% | +8.2% | |
| Q2 2023 | -3.1% | -2.5% | -8.0% | |
| Q1 2023 | +20.9% | +21.9% | -1.3% | |
| Q4 2022 | +10.3% | +7.3% | +19.9% | |
| Q3 2022 | -8.8% | -0.5% | -5.7% | |
| Q2 2022 | -1.1% | +10.6% | -0.3% | |
| Q1 2022 | -15.5% | -3.0% | -1.4% | |
| Q4 2021 | -11.5% | -5.1% | -13.0% | |
| Q3 2021 | -3.8% | -6.9% | -23.4% | |
| Q1 2021 | +0.8% | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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