EventbriteNYSE: EB

Eventbrite, a ticketing and event platform, focuses on small- and mid-market events and has adapted post-COVID-19. Management's business model changes led to some event creators leaving, but the company has since revised terms to regain them. The company acknowledges its mistakes and is actively working to grow by attracting back event creators.

Eventbrite, Inc. (NYSE:EB ) Q2 2024 Earnings Call August 8, 2024 5:00 PM ET Company Participants Katie Pickett - Investor Relations Julia Hartz - Co-Founder and Chief Executive Officer Lanny Baker - Chief Operating and Financial Officer Conference Call Participants Cameron Mansson-Perrone - Morgan Stanley Justin Patterson - KeyBanc Capital Hamed Khorsand - BWS Financial Naved Khan - B. Riley Securities Operator Good afternoon, everyone, and welcome to the Eventbrite, Inc. Second Quarter 2024 Earnings Conference Call.

Eventbrite (EB) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to loss of $0.03 per share a year ago.

Eventbrite is letting go of about 100 employees, or 11% of its workforce, the company said Thursday. It expects to incur about $7 million in costs associated with the reduction.

Stocks near 52-week lows may feel like incredible bargains, but the savvy should recognize the risks. Dumping these stocks is a strategic move, especially when they continue to trend downward, offering little to no upside potential ahead.

Eventbrite (EB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Eventbrite just finalised its integration with TikTok app, suggesting the app might be here to stay in America.

I gave a buy rating for Eventbrite due to attractive risk-reward situation. EB benefits from a strong flywheel effect and secular tailwind in live events industry. New monetization strategy poses uncertainty, but potential upside is significant if successful.

SAN FRANCISCO--(BUSINESS WIRE)--Eventbrite (NYSE: EB), a global marketplace for shared experiences, has released its 2023 Corporate Responsibility Update, highlighting Eventbrite's commitment to diversity and inclusion, and impact in addressing climate change, and other important environmental, social, and governance initiatives. “Eventbrite is committed to supporting society by living sustainably, promoting social connection, and being guided by good governance,” said Julia Hartz, Co-Founder a.