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Vivid Seats (SEAT)
NASDAQ:SEAT
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Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.03Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 10, 2022
|% Change Since: 16.30%
|Next Earnings Date:Nov 15, 2021
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced view with strategic progress and financial resilience amidst industry challenges. While there are significant achievements in partnerships, product launches, and customer service recognition, there are also notable challenges in the concert sector and competitive pressures affecting growth metrics.Company Guidance
During the Vivid Seats Q3 2024 earnings call, the company provided guidance for the year, indicating expectations for marketplace gross order value (GOV) to be between $3.8 billion and $4.0 billion. Revenues are anticipated to range from $760 million to $780 million, while adjusted EBITDA is projected between $145 million and $155 million. The third quarter results showed a revenue of $187 million and adjusted EBITDA of $34 million, with an adjusted EBITDA margin of 18%. Despite facing a 13% year-over-year decline in marketplace GOV, driven by an 11% reduction in average order size and a 2% decrease in total marketplace orders, Vivid Seats maintained a strong take rate of 17.5%, up 200 basis points from the previous year. The company remains optimistic about a return to industry growth in 2025, fueled by anticipated improvements in concert supply dynamics and continued strong demand for live events.Strong Financial Performance Despite Challenges
Vivid Seats delivered $187 million in revenue and $34 million in adjusted EBITDA with an 18% adjusted EBITDA margin, demonstrating strong unit economics despite temporary market headwinds.
Strategic Partnerships and Innovations
New strategic partnership with Brandon Marshall's IM Athlete and successful launch of SkyBox Drive with rapid adoption, which are expected to drive long-term growth.
Recognition for Customer Service
Vivid Seats was included in Newsweek's list of America's Best Customer Service 2025 in the ticketing category for the fifth time.
Progress in International Expansion
Continued progress in internationalizing the platform with plans to launch operations in select geographies by the end of the year.
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SEAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SEAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $4.11 | $3.74 | -9.00% |
| Aug 06, 2024 | $4.20 | $4.29 | +2.14% |
| May 07, 2024 | $5.49 | $5.41 | -1.46% |
| Mar 05, 2024 | $5.97 | $5.35 | -10.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vivid Seats (SEAT) report earnings?
Vivid Seats (SEAT) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is Vivid Seats (SEAT) earnings time?
Vivid Seats (SEAT) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SEAT EPS forecast?
SEAT EPS forecast for the fiscal quarter 2024 (Q4) is 0.03.
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