Eventbrite jumps on raising Q2 revenue forecast

Eventbrite

02/06/2022 19:17

** Shares of ticketing service provider Eventbrite Inc
 EB.N  rise as much as 9% to ear 1-1/2-month high of $12.82
    ** Stock last up 6.6%, on course for second consecutive
session of gains 
    ** Co raises Q2 2022 revenue forecast to $64 mln-$66 mln,
compared to prior forecast of $60 mln to $63 mln  urn:newsml:reuters.com:*:nBw3m1v7ma
    ** EB also expects adjusted EBITDA to be positive for Q2 
    ** Stock has fallen ~28% this year 

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com ; Twitter: https://twitter.com/AnanyaMariam))