Overview
Eventbrite Q3 revenue slightly misses expectations, declining 8% yr/yr to $71.7 mln
Net income of $6.4 mln, up from a net loss last year
Adjusted EBITDA of $8.4 mln beats analyst expectations
Outlook
Eventbrite expects Q4 2025 revenue between $71.5 mln and $74.5 mln
Company raises FY 2025 adjusted EBITDA margin outlook to 8%-9%
Eventbrite narrows FY 2025 revenue outlook to $290 mln-$293 mln
Result Drivers
ORGANIZER FEES ELIMINATION - Revenue decline driven in part by removal of organizer fees
EVENTBRITE ADS GROWTH - Eventbrite Ads grew 38% year-over-year
OPERATING EXPENSE REDUCTIONS - Lower operating expenses contributed to net income increase
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Miss* | $71.70 mln | $71.90 mln (3 Analysts) |
Q3 Net Income | $6.40 mln | ||
Q3 Adjusted EBITDA | Beat | $8.40 mln | $5.10 mln (3 Analysts) |
Q3 Adjusted EBITDA Margin | 11.70% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for Eventbrite Inc is $2.85, about 19.6% above its November 5 closing price of $2.29
Press Release: ID:nBw5bz2g6a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)