Eventbrite Announces First Quarter 2020 Financial Results
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Eventbrite (EB) Misses Q1 EPS, Revenues; Refunded $19.1M in Ticket Fees, Announces $225M Financing with Francisco Partners
May 11, 2020 5:06 PM EDTEventbrite (NYSE: EB) reported Q1 EPS of ($1.71), $1.47 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $49.1 million versus the consensus estimate of $71.9 million.
Net revenue of $49.1 million in the first quarter included a $19.1 million increase in refunded ticket fees, refund reserves and bad debt... More