SEAT - Why Vivid Seats Shares Are Falling Today | Benzinga
Vivid Seats Inc. (NASDAQ:SEAT) shares are trading lower on Tuesday. The company’s fourth-quarter sales of $198.30 million beat the street view of $183.67 million. Revenues grew 20% year over year.
The quarterly marketplace GOV totals $1.112 billion, up 31% year over year. The fourth quarter net income of $22.4 million, down 10% from $24.8 million in the year-ago period.
Vivid Seats’ quarterly adjusted EBITDA was $35.1 million, up 4% from $33.7 million in 2022.
“We enter 2024 with a healthy ...