Vivid Seats Inc. (NASDAQ:SEAT) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET
Company Participants
Kate Copouls - Head of Investor Relations
Stan Chia - Chief Executive Officer
Larry Fey - Chief Financial Officer
Conference Call Participants
Ralph Schackart - William Blair
Maria Ripps - Canaccord
Stephen Ju - Credit Suisse
Shweta Khajuria - Evercore ISI
Tom Forte - D.A. Davidson
Andrew Marok - Raymond James
Operator
Good day and thank you for standing by. Welcome to the Vivid Seats Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker today Kate Copouls. Please go ahead.
Kate Copouls
Good morning, and welcome to Vivid Seats second quarter 2022 earnings conference call. I'm 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 second 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 Seat's website at investors.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 earnings 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 we believe 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.
Stan Chia
Good morning, everyone, and thank you for joining us today. I'm pleased to share our exceptional second quarter 2022 results with you.
We achieved our highest second quarter marketplace GOV to-date driven by achieving our highest marketplace orders ever Q2 or otherwise. These results exceeded both internal and external expectations, and built upon our already strong track record as a public company that continues to deliver on innovation, growth and profitability.