Overview

* Eventbrite ( EB ) 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 ( EB ) 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/Mis Actual Consensu

s s

Estimate

Q3 Slight $71.70 $71.90

Revenue Miss* mln mln (3

Analysts

)

Q3 Net $6.40

Income mln

Q3 Beat $8.40 $5.10

Adjusted mln mln (3

EBITDA Analysts

)

Q3 11.70%

Adjusted

EBITDA

Margin

*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 ( EB ) is $2.85, about 19.6% above its November 5 closing price of $2.29

Press Release:

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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.)