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Eventbrite reported its Q2 2020 financial results, noting the resilience of creators and the platform's ability to adapt. There was a significant increase in tickets to online events, and the company saw steadily improving monthly ticket sales.
Paid ticket volume improved each month of the second quarter.
Tickets to online events grew 32-fold year-over-year, reaching 27 million.
Advance payout balance reduced by 31% from early March.
Expense reduction plan yielded cost savings ahead of plan.
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