Eventbrite, Inc. (NYSE:EB) Q4 2023 Results Conference Call February 27, 2024 5:00 PM ET

Company Participants

Katherine Chen - Head, IR

Julia Hartz - Co-Founder, CEO

Lanny Baker - CFO

Conference Call Participants

Naved Khan - B. Riley Securities

Youssef Squali - Truist Securities

Sergio Segura - KeyBanc

Dae Lee - JPMorgan

Cameron Mansson-Perrone - Morgan Stanley

Hamed Khorsand - BWS Financial

Katherine Chen

Good afternoon, and welcome to Eventbrite's Fourth Quarter 2023 Earnings Call. My name is Katherine Chen, Head of Investor Relations. With us today are Julia Hartz, our Co-Founder and Chief Executive Officer; and Lanny Baker, our Chief Financial Officer.

As a reminder, this conference call is being recorded and will be available for replay on Eventbrite's Investor Relations website at investor.eventbrite.com. Please also refer to our Investor Relations website to find our shareholder letter announcing our financial results. which was released prior to the call.

Before we get started, I would like to remind you that during today's call, we'll be making forward-looking statements regarding future events and financial performance. We caution that such statements reflect our best judgment as of today, February 27, based on the factors that are currently known to us and that actual future events or results could differ materially due to several factors, many of which are beyond our control.

For a more detailed discussion of the risks and uncertainties affecting our future results, we refer you to the section titled Forward-Looking Statements in our shareholder letter and our filings with the SEC. We undertake no obligation to update any forward-looking statements made during the call to reflect events or circumstances after today or to reflect new information or the occurrence of unanticipated events, except as required by law.

During this call, we'll present adjusted EBITDA and adjusted EBITDA margin, which are non-GAAP financial measures. These non-GAAP financial measures are not prepared in accordance with generally accepted accounting and have limitations as an analytical role.

You should not consider them in isolation or as a substitute for analysis of our results of operations as reported under GAAP. A reconciliation to the most directly comparable GAAP financial measure is available in our shareholder letter. We encourage you to read our shareholder letter, which contains important information about GAAP and non-GAAP results.

And with that, I'll now turn the call over to Julia.

Julia Hartz

Thank you to everyone joining us to review our fourth quarter and fiscal 2023 results. We took bold action this year to accelerate our two-sided marketplace model. Success meant delivering audience growth to our creators, tapping into new and vast consumer opportunities and driving increased financial returns for our business.