Eventbrite Sees Q3 2024 Revenue $74M - $77M Vs $86.42M; Sees FY 2024 Revenue $318M - $325M Vs $365.34M
Portfolio Pulse from Benzinga Newsdesk
Eventbrite has revised its Q3 2024 revenue forecast to $74M - $77M, down from the previous estimate of $86.42M. The company also adjusted its FY 2024 revenue forecast to $318M - $325M, compared to the earlier estimate of $365.34M.
August 08, 2024 | 8:34 pm
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Eventbrite has lowered its revenue forecasts for Q3 2024 and FY 2024, indicating potential challenges in meeting previous expectations.
The downward revision of revenue forecasts suggests that Eventbrite may be facing difficulties in achieving its previous targets. This could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100