From Financial Modeling Prep: 2025-03-12 12:21:00

Vivid Seats (NASDAQ:SEAT) shares plummeted 22% after releasing disappointing Q4 and full-year 2024 financial results. Q4 revenue grew 1% to $199.8 million, but full-year Marketplace GOV fell 1% to $3.89 billion. Net income plummeted 87% to $14.3 million for the year. Q4 saw a net loss of $4.4 million, with adjusted EBITDA down 2%.

Looking ahead, Vivid Seats projects 2025 Marketplace GOV between $3.7 billion and $4.1 billion, revenue between $730 million and $810 million, and adjusted EBITDA between $110 million and $150 million. However, market challenges and profitability concerns may hinder recovery efforts for the ticket marketplace company.



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