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Eventbrite (EB) Tops Q4 EPS by 5c

February 27, 2020 4:48 PM

Eventbrite (NYSE: EB) reported Q4 EPS of ($0.16), $0.05 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $82.7 million versus the consensus estimate of $78.72 million.

“Our solid fourth quarter performance capped off a year of significant progress serving our global and diverse creators on Eventbrite’s platform,” said Julia Hartz, Eventbrite’s Co-Founder and Chief Executive Officer. “We made great strides in scaling our platform across categories, customers and countries as we support our mission to bring the world together through live experiences. In the year ahead, we are building upon Eventbrite’s leadership position to connect the expanding universe of creators with consumers who seek memorable real-life experiences. We thank our shareholders for their support and confidence as we head into an exciting year and future.”

GUIDANCE:

Eventbrite sees Q1 2020 revenue of $84-88 million, versus the consensus of $90.2 million.

Eventbrite sees FY2020 revenue of $342-359 million, versus the consensus of $365.3 million.

For earnings history and earnings-related data on Eventbrite (EB) click here.

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