STOCK TITAN

Vivid Seats Inc. - SEAT STOCK NEWS

Welcome to our dedicated page for Vivid Seats news (Ticker: SEAT), a resource for investors and traders seeking the latest updates and insights on Vivid Seats stock.

Vivid Seats Inc. (NASDAQ: SEAT) is the largest independent online ticket marketplace, specializing in connecting fans with live events. Founded in 2001 and headquartered in Chicago, Vivid Seats provides tickets for a wide variety of live events, including sports, concerts, theater, and comedy shows across the United States, Canada, and Japan. The company operates in two primary segments: marketplace and resale.

Core Business: As the official ticketing partner for several major entertainment brands, such as ESPN and Rolling Stone, Vivid Seats facilitates an unmatched ticket-buying experience through its innovative fan-to-fan selling platform. The company's longstanding relationships with certified ticket resellers ensure a secure and seamless transaction process for both buyers and sellers.

Recent Achievements: Vivid Seats has continually demonstrated its ability to innovate and grow. The company recently secured a partnership with Stockperks, providing exclusive perks to shareholders, including discount codes and game center tokens. Furthermore, Vivid Seats has been recognized by Built In as one of the Best Places to Work for three consecutive years, showcasing its commitment to a positive work environment and employee satisfaction.

Financial Condition: Vivid Seats has consistently shown robust financial performance. In 2023, the company achieved significant operational and financial milestones, setting a strong foundation for durable growth. Key performance indicators for 2023 reflect a successful year, with further growth anticipated in 2024 as indicated by their Q1 projections.

Partnerships and Products: Vivid Seats has formed strategic partnerships with iconic brands like ESPN, Sports Illustrated, and the Los Angeles Dodgers, enhancing its market presence. The company's proprietary technology and software not only drive its ticketing ecosystem but also power its daily fantasy sports app, Vivid Picks.

Customer Experience: Vivid Seats is committed to providing exceptional customer service, which has been recognized by Newsweek as one of America's Best Companies for Customer Service in ticketing. Their industry-leading rewards program allows fans to earn on every purchase, further enhancing the overall customer experience.

For more information, visit Vivid Seats.

Rhea-AI Summary

Vivid Seats (NASDAQ: SEAT), a prominent ticket marketplace, announced its participation in William Blair's 2024 Growth Stock Conference. CEO Stan Chia and CFO Lawrence Fey will present on June 5, 2024, at 8:40 a.m. CT. A live webcast of the presentation will be available on Vivid Seats' Investor Relations website. This event offers an opportunity for investors to gain insights into the company's strategies and performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
conferences
-
Rhea-AI Summary

Vivid Seats Inc. (NASDAQ: SEAT) reported strong first quarter results with Marketplace GOV exceeding $1 billion, a 20% increase year over year. Despite a net income decline of 65%, the company showcased revenue growth of 18% and remains optimistic about sustained double-digit growth in the future. Vivid Seats also announced strategic initiatives to drive revenue synergies and accelerate international expansion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
-
Rhea-AI Summary

Vivid Seats Inc. (NASDAQ: SEAT) released its 2024 Environmental, Social and Governance (ESG) Fact Sheet, showcasing achievements in diversity, environmental sustainability, and community support. The report emphasizes the company's commitment to ethical decision-making, environmental responsibility, and charitable contributions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.66%
Tags
none
Rhea-AI Summary
Vivid Seats Inc. (NASDAQ:SEAT) will report its first quarter 2024 financial results on May 7, 2024. The company is a leading marketplace connecting buyers with ticket sellers for events. The webcast discussing the results will be available at 8:30 a.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
conferences earnings
-
Rhea-AI Summary
Vivid Seats Inc. (NASDAQ: SEAT) has been named one of the World’s Most Innovative Companies of 2024 by Fast Company. The company's focus on innovation, new product launches, international expansion, and tech stack optimization has led to significant achievements and recognition in the live events industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
none
-
Rhea-AI Summary
Vivid Seats Inc. (NASDAQ: SEAT) CFO to present at Canaccord Genuity's eCommerce Sustainable Advantage Forum. Webcast available on Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
conferences
Rhea-AI Summary
Vivid Seats Inc. (NASDAQ: SEAT) reports strong financial performance in 2023 with significant revenue growth, expanded TAM through acquisitions, and strategic initiatives. Key metrics show Marketplace GOV of $3.92 billion, revenues of $712.9 million, net income of $107.0 million, and adjusted EBITDA of $142.0 million for the full year. In Q4 2023, Marketplace GOV was $1.11 billion, revenues were $198.3 million, net income was $22.4 million, and adjusted EBITDA was $35.1 million. The company plans to focus on international expansion and M&A in 2024, with a positive outlook for Marketplace GOV, revenues, and adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.39%
Tags
buyback earnings
-
Rhea-AI Summary
Vivid Seats Inc. (NASDAQ: SEAT) will be presenting at Morgan Stanley's 2024 Technology, Media & Telecom Conference. The event will feature Stan Chia, CEO, and Lawrence Fey, CFO, on March 6, 2024. The live webcast can be accessed on the Vivid Seats Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
conferences
-
Rhea-AI Summary
Vivid Seats Inc. (NASDAQ:SEAT) will announce Q4 and full-year 2023 financial results on March 5, 2024. The company connects buyers with ticket sellers across numerous events using its technology platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
conferences earnings
Rhea-AI Summary
Vivid Seats Inc. and Hopper release the 2024 Big Game Travel Guide, revealing that the upcoming game at Allegiant Stadium in Las Vegas is the hottest Big Game ticket in over 15 years. Vivid Seats' Fan Forecast® predicts a 60% crowd advantage for the San Francisco 49ers, with Chiefs fans making up 40%. Ticket prices on Vivid Seats average $8,776 with the best 'get-in' deal at $5,406. Airfares to Las Vegas for the Big Game weekend have surged over 200% in the last two weeks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
none

FAQ

What is Vivid Seats Inc.?

Vivid Seats Inc. is the largest independent online ticket marketplace, providing tickets for sports, concerts, theater, and comedy events.

When was Vivid Seats founded?

Vivid Seats was founded in 2001.

Which regions does Vivid Seats operate in?

Vivid Seats operates in the United States, Canada, and Japan.

What segments does Vivid Seats operate in?

Vivid Seats operates in two segments: marketplace and resale.

What recent achievements has Vivid Seats accomplished?

Vivid Seats recently partnered with Stockperks, providing shareholders with exclusive perks. The company has also been recognized by Built In as one of the Best Places to Work for three consecutive years.

Who are Vivid Seats' major partners?

Vivid Seats has formed partnerships with major brands like ESPN, Rolling Stone, and the Los Angeles Dodgers.

How does Vivid Seats ensure a secure transaction process?

Vivid Seats maintains longstanding relationships with certified ticket resellers and operates a fan-to-fan selling platform to ensure secure transactions.

What is the Vivid Seats Rewards program?

The Vivid Seats Rewards program allows fans to earn rewards on every purchase, enhancing the customer experience.

How has Vivid Seats been recognized for its customer service?

Vivid Seats has been recognized by Newsweek as one of America's Best Companies for Customer Service in ticketing.

Where can I find more information about Vivid Seats?

For more information, you can visit the official Vivid Seats website at https://www.vividseats.com/.

Vivid Seats Inc.

Nasdaq:SEAT

SEAT Rankings

SEAT Stock Data

701.16M
131.43M
14.68%
84.5%
8.46%
Electronic Shopping
Retail Trade
Link
United States of America
CHICAGO