Vivid Seats Inc. (NASDAQ:SEAT) will release its third-quarter 2021 financial results on November 15, 2021, prior to the U.S. market opening. The live webcast of the discussion will occur at 8:30 a.m. ET. Vivid Seats connects millions of buyers with ticket sellers for various events and is recognized for its customer service.
With a commitment to enhance live experiences, the company offers a broad selection of events and a Rewards program, partnering with notable brands like ESPN and Rolling Stone.
Vivid Seats Inc. filed an 8-K with the SEC on October 25, 2021, detailing financial guidance for full-year 2021. The company anticipates Marketplace GOV between $2.225 billion to $2.325 billion, revenues of $420 million to $435 million, and Adjusted EBITDA of $102 million to $107 million. Notably, Vivid Seats expects a reduced negative impact from COVID-19 compared to previous forecasts. The business combination with Horizon Acquisition Corp. was completed on October 18, 2021, marking its trading debut on Nasdaq under the symbols SEAT and SEATW.
Vivid Seats Inc. has secured its listing on the NASDAQ Global Select Market under the symbol SEAT, starting October 19, 2021. The CEO, Stan Chia, expressed excitement over the public listing, emphasizing the company's commitment to enhancing its ticketing marketplace. Additionally, Vivid Seats announced a special dividend of approximately $0.23 per share of Class A Common Stock, with a record date of October 29, 2021, and payment expected shortly thereafter. Established in 2001, Vivid Seats connects fans to live events, offering expansive ticket selections and a rewards program.