Vivid Seats climbs on Q4 revenue beat

Vivid Seats

05/03/2024 11:58

** Shares of online ticket marketplace Vivid Seats  SEAT.O 
rise ~6.5% to $6.36 premarket
    ** Company's Q4 revenue of $198.3 mln beats analysts'
average expectation of $183.7 mln - LSEG data
    ** SEAT forecasts annual revenue to be between $810.0 mln
and $840.0 mln, the midpoint of which is above analysts'
estimate of $822.75 mln
    ** Up to last close, stock down 17% in the last 12 months

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))