Eventbrite (EB) Tops Q2 EPS by 6c, Revs Fall 89% Missing Views

Eventbrite (NYSE: EB) reported Q2 EPS of ($0.44), $0.06 better than the analyst estimate of ($0.50). Revenue for the quarter came in at $8.4 million versus the consensus estimate of $13.42 million.

“Our second quarter results demonstrate the resilience and ingenuity of our creators as well as Eventbrite’s ability to adapt to their needs in any environment,” said Julia Hartz, Eventbrite’s Co-Founder and Chief Executive Officer. “With the help of our platform, creators have turned to online and free events to stay connected with their audiences, who continue to show strong demand for live experiences. Although we expect the near-term environment for in-person events to remain challenging as a result of the ongoing impact of COVID-19, we are encouraged by steadily improving monthly ticket sales on the platform.”

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

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