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Eventbrite Reports First Quarter 2021 Financial Results

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Eventbrite, Inc. (NYSE: EB) released its financial results for Q1 2021, indicating a recovery in the live events sector as vaccination rates increase and restrictions ease. CEO Julia Hartz noted strong pent-up demand for in-person events, positioning Eventbrite for growth. The company aims to lead the industry's recovery, emphasizing its commitment to creators. The financial results hint at improved business momentum as the world emerges from the pandemic. The Q1 earnings conference call is set for May 6, 2021, at 2:00 p.m. PT.

Positive
  • Strengthened company position for industry recovery.
  • Increased demand for ticketing as live events resume.
Negative
  • None.

Eventbrite, Inc. (NYSE: EB), a global self-service ticketing and experience technology platform, today posted its financial results for the quarter ended March 31, 2021. The First Quarter 2021 Shareholder Letter is available on Eventbrite’s Investor Relations website at https://investor.eventbrite.com.

“The light shining at the end of the pandemic tunnel grew brighter during the first quarter. As vaccinations reached more of the population and restrictions on gatherings started to ease, the live events economy began to reopen. Pent-up demand for in-person experiences is reconnecting with the expanding number of live events on the Eventbrite platform, and our creators are beginning to thrive once again,” said Julia Hartz, Eventbrite Co-founder and Chief Executive Officer. “Eventbrite entered 2021 a stronger, leaner company, positioned to lead our industry’s recovery and re-invention. Our first quarter results begin to hint at the strength of our strategy and product-driven model. We expect our business momentum to build as the world comes out of the pandemic. Eventbrite is committed to serving our creators and fulfilling our mission of bringing the world back together through live experiences.”

Earnings Webcast Information

Eventbrite will host a live Q&A session today at 2:00 p.m. Pacific Time to discuss the company’s first quarter financial results. The webcast of the conference call can be accessed as follows:

Event: Eventbrite First Quarter 2021 Earnings Conference Call
Date: Thursday, May 6, 2021
Time: 2:00 p.m. PT (5:00 p.m. ET)
Live Webcast Site: https://investor.eventbrite.com

An archived webcast of the conference call will also be accessible on Eventbrite’s Investor Relations page, https://investor.eventbrite.com.

About Eventbrite

Eventbrite is a global self-service ticketing and experience technology platform that serves a community of nearly one million event creators in over 180 countries. Since inception, Eventbrite has been at the center of the experience economy, transforming the way people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a vision to build a self-service platform that would make it possible for anyone to create and sell tickets to live experiences. The Eventbrite platform provides an intuitive, secure, and reliable service that enables creators to plan and execute their live and online events, whether it’s an annual culinary festival attracting thousands of foodies, a professional webinar, a weekly yoga workshop or a cooking class. With over 200 million tickets distributed to more than 4 million experiences in 2020, Eventbrite is where people all over the world discover new things to do or new ways to do more of what they love. Learn more at www.eventbrite.com.

FAQ

What were Eventbrite's Q1 2021 financial results?

Eventbrite reported its financial results for Q1 2021, indicating a recovery in the live events sector.

What is the outlook for Eventbrite after Q1 2021?

Eventbrite expects business momentum to build as the world recovers from the pandemic.

How is Eventbrite addressing pent-up demand for live events?

Eventbrite is leveraging increased demand for in-person events on its platform as restrictions ease.

Eventbrite, Inc.

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