Welcome to our dedicated page for Vivid Seats news (Ticker: seatw), a resource for investors and traders seeking the latest updates and insights on Vivid Seats stock.
Vivid Seats Inc is an online ticket marketplace connecting fans to live events and artists. It is the official ticketing partner of various entertainment brands offering tickets for sports, concerts, theaters, and comedy events in the US, Canada, and Japan. The company operates in two segments: marketplace and resale. Vivid Seats recently earned six placements on Built In's Best Places to Work list, highlighting their dedication to creating a positive work culture and empowering employees. CEO Stan Chia emphasizes the importance of inclusive, high-performance culture focused on empowerment, collaboration, and innovation. Additionally, Vivid Seats prioritizes sustainability and corporate responsibility in their business strategy, demonstrating commitment to exceptional experiences for all stakeholders. The company's 2024 ESG Fact Sheet showcases notable achievements in environmental, social, and governance efforts. Founded in 2001, Vivid Seats is dedicated to becoming the ultimate partner for live event experiences, offering a wide selection of tickets and industry-leading rewards program.
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Vivid Seats Inc. (NASDAQ: SEAT) announced a secondary underwritten public offering of 18,500,000 shares of the Company’s Class A common stock by the selling stockholder, with an option for underwriters to purchase an additional 2,775,000 shares. The Company will not receive any proceeds from the sale. Citigroup, Morgan Stanley, and BofA Securities are serving as joint book-running managers for the proposed offering.
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Vivid Seats Inc. (SEAT) will be presenting at UBS’s Global Technology Conference on November 29, 2023. The company is a leading marketplace connecting buyers with ticket sellers for hundreds of thousands of events annually.
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Vivid Seats Inc. has announced the acquisition of Vegas.com in a cash and stock transaction valued at approximately $240 million. This acquisition will enhance Vivid Seats' scale and reach in the entertainment market, particularly in Las Vegas, and increase its total addressable market by over $6 billion.
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Vivid Seats Inc. reported a 28% increase in Marketplace GOV, reaching $998.9 million, and a 20% increase in revenues, totaling $188.1 million, for the third quarter of 2023. Despite a 15% decrease in net income, Adjusted EBITDA grew by 18% to $33.4 million. The company raised its 2023 guidance, expecting Marketplace GOV between $3.75 billion and $3.90 billion, revenues between $685.0 million and $705.0 million, and Adjusted EBITDA between $136.0 million and $142.0 million. For 2024, Vivid Seats anticipates Marketplace GOV between $4.20 billion and $4.50 billion, revenues between $810.0 million and $840.0 million, and Adjusted EBITDA between $170.0 million and $180.0 million.
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Vivid Seats Inc. will report Q3 2023 financial results on November 7, 2023, before the market opens.
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Vivid Seats announces National Fan Day™, a holiday celebrating fandom and loyalty. A study shows the dedication of Americans to their favorite sports teams and artists. Vivid Seats Rewards program offers benefits to fans.
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Vivid Seats completes acquisition of Wavedash, a leading online ticket marketplace in Japan
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Vivid Seats recognized for excellent customer service by Newsweek
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Vivid Seats CEO to present at Citi's Global Technology Conference on Sep 7 at 2:30 p.m. ET
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Vivid Seats announces fan experience partnership with Los Angeles Chargers, offering exclusive access to Perch Suites at SoFi Stadium. Vivid Seats customers in the Perch Suites will enjoy climate-controlled, semi-private enclaves, table service, upscale food and beverage options, and a private DJ. Chargers Legends will also make surprise appearances. Vivid Seats is a Proud Partner of the Chargers and has partnerships with other NFL teams.
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FAQ
What is the current stock price of Vivid Seats (seatw)?
The current stock price of Vivid Seats (seatw) is $0.26 as of March 3, 2025.
What does Vivid Seats Inc do?
Vivid Seats Inc is an online ticket marketplace that connects fans to live events and artists. It offers tickets for sports, concerts, theaters, and comedy events in the US, Canada, and Japan.
What segments does Vivid Seats operate in?
Vivid Seats operates in two segments: marketplace and resale.
What recent achievement did Vivid Seats have?
Vivid Seats recently earned six placements on Built In's Best Places to Work list, emphasizing their commitment to creating a positive work culture and providing compelling employee experiences.
How does Vivid Seats prioritize sustainability?
Vivid Seats prioritizes sustainability and corporate responsibility in their business strategy, demonstrating ongoing support for employees, customers, and communities.
When was Vivid Seats founded?
Vivid Seats was founded in 2001.
Who is the CEO of Vivid Seats?
Stan Chia is the CEO of Vivid Seats.
What is the ultimate goal of Vivid Seats?
Vivid Seats aims to become the ultimate partner for connecting fans to live events, artists, and teams they love, offering a wide selection of tickets and a leading rewards program.
Which brands has Vivid Seats partnered with?
Vivid Seats is the official ticketing partner of major entertainment brands like ESPN, Rolling Stone, and the Los Angeles Clippers.
Where can fans find tickets on Vivid Seats?
Fans can access tickets on Vivid Seats through their mobile app, website (vividseats.com), or by calling 866-848-8499.
What recognition has Vivid Seats received?
Vivid Seats has been recognized by Newsweek as one of America's Best Companies for Customer Service in ticketing.
Vivid Seats Inc
Nasdaq:SEATW
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United States
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