07:10 AM EST, 03/05/2024 (MT Newswires) -- Vivid Seats ( SEAT ) reported Q4 net income Tuesday of $22.4 million, down from $24.8 million a year earlier.

Analysts polled by Capital IQ expected $14.6 million.

Revenue for the quarter that ended Dec. 31 was $198.3 million, up from $165 million a year earlier.

Analysts surveyed by Capital IQ expected $183.7 million.

The entertainment ticket reselling company said it expects 2024 revenue of $810 million to $840 million. Analysts surveyed by Capital IQ expect $822.8 million.

The company also said it has authorized a $100 million share buyback program.

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