Vivid Seats, Inc. (NASDAQ:SEAT) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET
Company Participants
Stanley Chia - CEO
Kate Copouls - Head, IR
Lawrence Fey - CFO
Conference Call Participants
Maria Ripps - Canaccord Genuity
Stephen Ju - Credit Suisse
Ralph Schackart - William Blair
Benjamin Black - Deutsche Bank
Bradley Erickson - RBC Capital Markets
Shweta Kajaria - Evercore ISI
Thomas Forte - D.A. Davidson
Andrew Marok - Raymond James
Matthew Farrell - Piper Sandler
Operator
The conference will begin shortly. If you have any questions please press star 11. Good morning, and welcome to Vivid Seats' Third Quarter 2022 Earnings Conference Call. Following management's prepared remarks, we will open the call for Q&A. I will now turn the call over to Kate Copouls.
Kate Copouls
Good morning, and welcome to Vivid Seat's Third Quarter 2022 Earnings Conference Call. I am Kate Copouls, Head of Investor Relations at Vivid Seats. Joining me today to discuss Vivid Seats; results are Stan Chia, Chief Executive Officer; and Larry Fey, Chief Financial Officer. By now, everyone should have access to the company's third quarter earnings press release filed earlier this morning. We have also provided supplemental earnings slides.
The press release and earnings slides are available on the Investor Relations page of Vivid Seats' website at investor.vividseats.com. During the course of this call, management may make forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to the risks and uncertainties as described in the company's press release and other filings with the SEC. On today's call, we will refer to adjusted EBITDA and adjusted EBITDA margin, which are non-GAAP financial measures that provide useful information for our investors. You will find a historical reconciliation of adjusted EBITDA and adjusted EBITDA margin to the corresponding GAAP measure in the earnings press release, supplemental earnings slides and SEC filings.
And now I would like to turn the call over to Stan.
Stanley Chia
Good morning, everyone, and thank you for joining us today. I'm excited to discuss our third quarter results and another solid performance from the Vivid Seats team. The momentum we've seen in our business has continued, and we've now set quarterly records for both marketplace GOV and revenues for the last 6 consecutive quarters. These results are a testament to our powerful technology platform and our team's ability to capture industry strength with Agility. We continue to enhance our unique offerings to reinforce our long-term strategy of acquiring and retaining customers through strong product and service differentiation while making targeted investments to foster brand awareness and loyalty.