Eventbrite, Inc. - EB STOCK NEWS

Eventbrite, Inc. (NYSE: EB) will release its financial results for the first quarter ending March 31, 2023, after market hours on May 9, 2023. A press release will be issued once the Shareholder Letter is available on their Investor Relations website. Following the release, Eventbrite will hold a webcast conference call at 2:00 PM PT (5:00 PM ET) to discuss the results. Interested parties can access the live webcast and an archived version later on the same website.

Eventbrite operates a self-service ticketing and marketing platform, serving hundreds of thousands of event creators globally.

Eventbrite, Inc. (NYSE: EB) will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 8, 2023, at 12:55 p.m. PT. Co-Founder and CEO Julia Hartz and CFO Lanny Baker will represent the company. A live webcast and replay of the chat will be accessible via Eventbrite's investor relations website. Eventbrite is a prominent global self-service ticketing and marketing platform, supporting event creators in nearly 180 countries. In 2022, the platform facilitated over 5 million events and distributed over 280 million tickets, showcasing its significant role in the experience economy.

Eventbrite (NYSE:EB) reported a 20% increase in fourth quarter revenue, totaling $71.5 million, and a 39% growth in annual revenue of $260.9 million for FY 2022. The company achieved positive Adjusted EBITDA for the sixth consecutive quarter, demonstrating consistent financial health. In 2022, Eventbrite facilitated $3.3 billion in ticket sales across 5 million events, highlighting its role in the experience economy. CEO Julia Hartz emphasized the importance of new marketing tools in connecting creators to consumers, focusing on sustainable growth and enhanced profitability.

Eventbrite, Inc. (NYSE: EB) announced it will release its fourth quarter financial results for the period ending December 31, 2022, after market close on Tuesday, February 28, 2023. A press release will be issued after the Shareholder Letter is posted on its Investor Relations website. Following this, Eventbrite will host a conference call to discuss its results.

The earnings conference call is scheduled for 2:00 p.m. Pacific Time. An archived webcast will be available on the Investor Relations page.

Eventbrite (NYSE: EB) has appointed Ted Dworkin as Chief Product Officer to enhance its product management and innovation efforts. Dworkin, previously with Sonos, brings nearly 30 years of experience, notably over 20 years at Microsoft. His role will focus on developing products that support event creators globally. CEO Julia Hartz expressed excitement about Dworkin's track record in creating consumer-friendly products. Eventbrite aims to expand its marketplace for live experiences while fostering community connections. Established in 2006, the platform has distributed over 290 million tickets across 5 million events globally in 2021.

Eventbrite (NYSE:EB) reported a 26% increase in revenue for Q3 2022, totaling $67.5 million. This growth is attributed to a 15% year-over-year rise in paid ticket volume, reaching 22 million tickets.

This marks the fifth consecutive quarter of positive Adjusted EBITDA. The company's platform hosted 1.5 million events created by 361,000 event creators. The strong adoption of the Boost marketing solution is expected to drive further growth.

Trustly has announced the return of Alex Gonthier as CEO of Trustly, Inc., the Americas division, effective October 31, 2022. Gonthier is known for his expansive background in FinTech, having previously founded PayWithMyBank and played pivotal roles in various digital payment platforms. Current Group CEO Johan Tjärnberg expressed confidence in Gonthier's leadership abilities for future growth. Trustly, founded in 2008, specializes in Open Banking Payments and serves over 8,100 merchants globally, processing more than $28 billion in transactions in 2021.