Eventbrite shares plummeted after the company issued first-quarter revenue outlook well below Wall Street projections.The stock fell as much as 25 percent in after-hours trade. It was last seen slightly off those lows, but still about 20 percent below its closing price.
For the fourth quarter, Eventbrite posted a loss of 17 cents per share on $75.9 million in revenue. Analysts had estimated a loss of 14 cents per share on $73.2 million in revenue, according to Refinitiv consensus estimates.
Source: News Formal (newsformal.com)
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