Vivid Seats

Vivid Seats, Inc. operates as an online ticket marketplace, which engages in the provision of different selections of events and tickets in North America. It operates through the following segments: Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and ticket sellers. The Resale segment acquires tickets to resell on secondary ticket marketplaces, including its own. Its partners include Caesars Entertainment, RollingStone, Marriott Bonvoy, Capital One, American Airlines and others. The company was founded in 2001 and is headquartered in Chicago, IL.

Earnings data Q3 2021

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Vivid Seats reports robust Q1 results and plans innovative product launches

Vivid Seats delivered strong financial results and demonstrated a commitment to innovation and sustainability. While facing challenges in balancing growth and profitability, the company has opportunities to further integrate new products and differentiate itself in the market.

SEAT (SEAT) reports strong Q2 results, raises 2023 guidance

SEAT (SEAT) delivered strong financial performance, raised its 2023 guidance, and highlighted strategic partnerships and international expansion opportunities. However, potential headwinds from reduced tour impact and conservative demand assumptions pose challenges. The company remains focused on enhancing consumer experiences and loyalty programs while aiming for a positive trajectory in engagement trends.

Vivid Seats reports record Q3 results and anticipates strong 2024 performance

Vivid Seats delivered exceptional Q3 results, driven by robust marketplace performance and strong buyer engagement. The acquisition of Vegas.com and strategic partnerships position the company for continued growth. Ongoing investments and repeat rate acceleration signal a promising outlook for future performance.

Vivid Seats reports robust 2023 results, eyes international expansion

Vivid Seats' strong 2023 performance and strategic acquisitions drove growth. Challenges include pricing dynamics affecting growth in 2024. Opportunities lie in international expansion and new revenue streams.

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CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today published its 2024 Environmental, Social and Governance (ESG) Fact Sheet, providing new and updated performance metrics and progress against ongoing initiatives.

Vivid Seats Releases 2024 Environmental, Social and Governance Update

CHICAGO, April 26, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, will report financial results for the first quarter 2024 on Tuesday, May 7, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET.

Vivid Seats to Report First Quarter 2024 Financial Results

CHICAGO, April 25, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced it has renewed its partnership with Make-A-Wish, a global organization responsible for creating life-changing wishes for children with critical illnesses. In celebration of World Wish Month™, Vivid Seats is matching donations through its charitable foundation, Vivid Cheers , by up to 10X to Make-A-Wish, up to $250,000 for their “WishMakers Wanted” campaign.

Vivid Seats Renews National Make-A-Wish® Partnership to Grant Live Event Experiences

SANTA MONICA, Calif.--(BUSINESS WIRE)--MusiCares®, the leading music charity and safety net supporting the health and well-being of music professionals, held its fourth activation of the groundbreaking Humans of Hip Hop initiative in Chicago. This ongoing program aims to empower and support hip-hop artists by addressing critical issues and tailoring MusiCares' programming to the unique needs of the community. This recent installment of the Humans of Hip Hop initiative took place on April 22, 20.

MusiCares® Brings Humans of Hip Hop Initiative to Chicago With Supporting Partner Vivid Seats and Guest Panel Including Common and Lupe Fiasco

CHICAGO, March 13, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that Lawrence Fey, Chief Financial Officer, will be presenting at Canaccord Genuity's eCommerce Sustainable Advantage Forum on Thursday, March 14, 2024 at 11:00 a.m. ET.

Vivid Seats to Participate in Canaccord Genuity's eCommerce Sustainable Advantage Forum

Vivid Seats Inc. (NASDAQ:SEAT ) Q4 2023 Earnings Conference Call March 5, 2024 8:30 AM ET Company Participants Stan Chia - CEO Larry Fey - CFO Kate Africk - Head of IR Conference Call Participants Ralph Schackart - William Blair Maria Ripps - Canaccord Genuity Curt Nagle - Bank of America Securities Jason Bazinet - Citi Matt Farrell - Piper Sandler Cameron Mansson-Perrone - Morgan Stanley Benjamin Black - Deutsche Bank Brad Erickson - RBC Capital Markets Ryan Sigdahl - Craig-Hallum Capital Group Dan Kurnos - The Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Vivid Seats Fourth Quarter 2023 Earnings Webcast and Conference Call.

Vivid Seats Inc. (SEAT) Q4 2023 Earnings Call Transcript

CHICAGO, March 05, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today provided financial results for the full year and fourth quarter ended December 31, 2023. "In 2023 we grew top and bottom line by nearly 25%, significantly expanded our TAM through strategic acquisitions, and executed against our objective of being the marketplace of choice for both sellers and buyers," said Stan Chia, Vivid Seats CEO.

Vivid Seats Reports Fourth Quarter Results and Authorizes New Share Repurchase Program

CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that Stan Chia, Chief Executive Officer, and Lawrence Fey, Chief Financial Officer, will be presenting at Morgan Stanley's 2024 Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 1:20 p.m. PST.

Vivid Seats to Participate in Morgan Stanley's 2024 Technology, Media & Telecom Conference

CHICAGO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, will report financial results for the fourth quarter and full year 2023 on Tuesday, March 5, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET.

Vivid Seats to Report Fourth Quarter and Full Year 2023 Financial Results

Vivid Seats Inc. (SEAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Vivid Seats Inc. (SEAT) to Report a Decline in Earnings: What to Look Out for

Fan Forecast ® Predicts Crowd Advantage for Niners Nation Airfares to Las Vegas for Big Game weekend surge over 200% in the last two weeks

Vivid Seats and Hopper Release 2024 Big Game Guide

CHICAGO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, announced that it has been recognized by Built In, in its 2024 Best Places to Work Awards. Vivid Seats earned six placements including: U.S. Best Places to Work; U.S. Best Midsize Places to Work; Dallas, TX Best Places to Work; Dallas, TX Best Midsize Places to Work; Chicago, IL Best Places to Work; and Chicago, IL Best Midsize Places to Work.

Vivid Seats Named a 2024 Best Place to Work

CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Vivid Seats (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced a strategic partnership with Stockperks, the innovative multi-channel marketplace for retail investors. This collaboration aims to amplify retail ownership of Vivid Seats' stock while offering exclusive perks and rewards through the Stockperks platform.

Vivid Seats Announces Partnership with Stockperks to Reward Loyal Shareholders and Amplify Retail Ownership

CHICAGO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, and AEG, the world's leading sports and live entertainment company, have launched a new partnership that makes Vivid Seats an official secondary ticketing marketplace partner of the LA Kings (NHL) and the LA Galaxy (MLS). As part of the agreement, brokered by AEG Global Partnerships, Vivid Seats will enable fans of both teams to purchase tickets to all regular season home games on Vivid Seats' platform.

AEG and Vivid Seats Announce LA Kings and LA Galaxy Partnership

Vivid Seats Inc. (SEAT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -10.57% in 4 Weeks, Here's Why Vivid Seats Inc. (SEAT) Looks Ripe for a Turnaround

Vivid Seats Inc. (SEAT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why Vivid Seats Inc. (SEAT) Is a Great 'Buy the Bottom' Stock Now

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CHICAGO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced the closing of the previously announced underwritten secondary offering of 20,500,000 shares of its Class A common stock from Hoya Topco, LLC (the “selling stockholder”). The sale included 18,500,000 shares offered to the public at a price of $6.50 per share, and an additional 2,000,000 shares purchased by Vivid Seats from the underwriters at a price of $6.24 per share (the public offering price, less underwriting discounts and commissions). The closing also included the full exercise of the underwriters' option to purchase an additional 3,075,000 shares from the selling stockholder, which option was exercised on December 8, 2023, bringing the total offering size to 23,575,000 shares.

Vivid Seats Announces Closing of Secondary Offering and Share Repurchase, Including Full Exercise of the Underwriters' Option to Purchase Additional Shares

CHICAGO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced the pricing of a secondary underwritten public offering of 18,500,000 shares of the Company's Class A common stock (“Class A common stock”) by Hoya Topco, LLC (the “selling stockholder”) at a price to the public of $6.50 per share. The Company also announced that it has agreed to purchase an incremental 2,000,000 shares of Class A common stock from the underwriters in the offering at a per-share purchase price equal to the price to the public, less underwriting discounts and commissions, bringing the total offering size to 20,500,000 shares. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 3,075,000 shares of Class A common stock. All of the shares in the offering will be sold by the selling stockholder.

Vivid Seats Announces Pricing of Secondary Offering and Repurchase of Class A Common Stock

CHICAGO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that Hoya Topco, LLC (the “selling stockholder”) intends to offer 18,500,000 shares of the Company's Class A common stock (“Class A common stock”) in a secondary underwritten public offering. The selling stockholder also intends to grant the underwriters a 30-day option to purchase up to an additional 2,775,000 shares of Class A common stock. All of the shares in the proposed offering will be sold by the selling stockholder. The Company will not receive any proceeds from the sale of the shares by the selling stockholder.

Vivid Seats Announces Secondary Offering of Class A Common Stock

The mean of analysts' price targets for Vivid Seats Inc. (SEAT) points to a 39.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Vivid Seats Inc. (SEAT) Could Surge 39.55%: Read This Before Placing a Bet

CHICAGO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that Stan Chia, Chief Executive Officer, and Lawrence Fey, Chief Financial Officer, will be presenting at UBS's Global Technology Conference on Wednesday, November 29, 2023 at 12:15 p.m. MST.

Vivid Seats to Participate in UBS's 2023 Global Technology Conference

Vivid Seats operates as a marketplace for event tickets and recently acquired Vegas.com for approximately $240 million. The company's financials have been disrupted by the Covid pandemic, but Vivid Seats has shown good growth since the pandemic started to subside. As Vivid Seats guides for growth, the company's business model could result in a good amount of operating leverage.

Vivid Seats' Recent Acquisitions Could Boost Growth

The average of price targets set by Wall Street analysts indicates a potential upside of 59.9% in Vivid Seats Inc. (SEAT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Vivid Seats Inc. (SEAT) Could Rally 59.89%: Here's is How to Trade

Vivid Seats (NASDAQ: SEAT ) stock is undergoing a major rally on Tuesday after the online tickets reseller announced its acquisition of Vegas.com. Vivid Seats is using a mix of cash and stock to acquire Vegas.com in a deal that is valued at about $240 million.

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