EB Earnings Prediction
The chart below shows how EB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EB sees a +6.38% change in stock price 10 days leading up to the earnings, and a -7.86% change 10 days following the report. On the earnings day itself, the stock moves by -1.47%. This data can give you a slight idea of what to expect for the next quarter's release.
EB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
77.80M
-4.59%
-7.98%
Gross Margin
68.45%
-0.18%
-3.44%
Operating Margin
-4.54%
-65.76%
-40.50%
Net Margin
-4.84%
-60.26%
-484.13%
EPS
-0.04
-60.00%
-500.00%
No Data Available
EB Earnings Analysis
Eventbrite, Inc. Class A Common Stock Corporation (EB.N) Earnings Conference Call
Positive
Q3 Revenue Exceeds Outlook: In the third quarter, we delivered revenue of $77.8 million, exceeding our outlook range.
Strategic Actions Impact: Our strategic actions are driving clear results.
New Bookings Surge: We closed $4.5 million in new bookings this quarter with significant pipeline improvements across music, food and drink, and comedy shows.
Customer Ticket Recovery: We saw 0.75 million tickets come from customers that we've won back in the platform since early September, and we see significant opportunity ahead.
Enhanced Customer Support: We rolled out 24/7 phone support to premium customers, enhancing service and support capabilities.
Negative
Revenue Decline Analysis: Revenue decreased by 5% year-over-year, totaling $77.8 million compared to $81.8 million in the previous year.
Ticketing Revenue Decline: Ticketing revenue was down 11% year-over-year, contributing to the overall revenue decline.
Decline in Paid Creators: The total number of paid creators declined by 12% from a year ago, dropping to 163,000 in the third quarter.
Operating Expenses Analysis: Operating expenses increased to $62.2 million, compared to $67.2 million a year ago, indicating a rise in costs despite a decrease in revenue.
Net Loss Improvement: Net loss for the third quarter was $3.8 million, an improvement from a net loss of $9.9 million in the same period last year, but still reflecting ongoing financial challenges.
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EB Earning Call Sentiment
Eventbrite, Inc. (EB) Q3 2024 Earnings Call Transcript
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EB.N
5.09%Positive
The earnings call showed mixed signals: while there was a decline in revenue and paid creators, Eventbrite's new free tier is attracting creators back, and there is a strong share repurchase program. The Q&A highlighted concerns about creator retention, but also noted some success in bringing creators back. Despite operational losses, the company has improved its financial health by reducing debt. These mixed factors suggest a neutral stock price movement over the next two weeks.
