Eventbrite (EB) Tops Q2 EPS by 6c, provides guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/3/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
- Analysis-Excommunications show a Pope Leo unafraid of making firm decisions
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Canaccord Starts Infleqtion, Inc (INFQ) at Buy
- Jersey Mike's Subs files for IPO on NYSE under ticker JMKE
- AXT-Tongmei signs 3-year wafer supply deal with Coherent
Event management firm Eventbrite's stock tumbles on results, downgrades
August 9, 2024 8:07 AM EDTEventbrite (NYSE: EB) shares have plunged 25% premarket Friday on the back of its latest earnings report and subsequent analyst downgrades.
The company reported Q2 EPS of $0.01, $0.06 better than the analyst estimate of ($0.05). However, revenue for the quarter came in at $84.55 million, short of the consensus estimate of $86.07 million.
In addition, the company's full-year guidance was disappointing. Eventbrite sees FY2024 revenue between $74 and $77 million, well below the consensus of $93.581 million and $318 million to $325 million for fiscal year 2024, versus the consensus of... More
