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Sep 30, 2023
Eventbrite Q3 2023 Earnings Report
Eventbrite's revenue increased, driven by paid ticket growth and a record revenue take rate.
Key Takeaways
Eventbrite reported strong Q3 2023 results, with revenue reaching $81.5 million, a 21% year-over-year increase. The company achieved a record revenue take rate and saw adjusted EBITDA margin increase to 8%.
Revenue grew 21% year-over-year to $81.5 million.
Adjusted EBITDA margin increased to 8% with adjusted EBITDA up more than 50% year-over-year.
Flex and Pro event pricing plans were successfully launched, providing social media and email marketing tools to creators.
Marketplace-related revenue grew 78% quarter-over-quarter, exceeding 5% of net revenue.
Forward Guidance
Eventbrite is focused on driving further growth through investments in personalization and event discovery.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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