Eventbrite A

Bending Spoons has reached a definitive agreement to acquire Eventbrite and will pay $4.50 per share in cash, valuing the company at about $500 million. The price represents an 82% premium to the volume-weighted 60-day average price and prompted a 78.6% premarket jump. The board of directors unanimously approved the transaction; closing is expected in the first half of 2026 and remains subject to regulatory and shareholder approvals. After closing, Eventbrite will become a private company; Bending Spoons plans product innovations such as messaging features, AI-assisted event creation, improved search and a secondary ticket market. J.P. Morgan is advising Bending Spoons, and Allen & Company is advising Eventbrite. » Mere på de.investing.com

Eventbrite reported a net profit of $6.4 million in the third quarter of 2025, even though revenue fell 8% to $71.7 million. Adjusted EBITDA rose to $8.4 million (margin 11.7%), driven by strict cost management, lower stock-based compensation and debt reduction. The number of tickets sold and paying organizers stabilized; liquidity stands at $196 million with outstanding debt of $175 million. For Q4 the company expects revenue of $71.5–$74.5 million; management aims to return to volume growth in early 2026. » Mere på de.investing.com

Eventbrite reported Q2 2025 EPS of -$0.02, topping the -$0.09 estimate, but missed on revenue at $72.8 million. Revenue fell 14% year over year, and the shares slid 10% after hours. The company cut operating expenses by 16%, improved gross margin to 67.5%, and posted adjusted EBITDA of $6.4 million. For Q3, Eventbrite expects $70–73 million in revenue and for the full year $290–296 million, and it raised its adjusted EBITDA margin outlook to about 7%. » Mere på de.investing.com