• Eventbrite tanks after first earnings report since going public

    26 days ago - By Business Insider

    Eventbrite posted its first earnings report since going public in October.
    It beat on revenue, but missed on the bottom line.
    Eventbrite is sliding, down nearly 8% Tuesday, after posting a bigger-than-expected third-quarter loss.
    The ticketing and event-management company said it lost an adjusted $0.66 a share - $0.22 more than what analysts surveyed by Bloomberg were expecting. It generated $73.6 million revenue, topping the $71.7 million that was anticipated.
    "Operating loss was negatively impacted by increased stock-based compensation expense in the quarter related to our initial public...
    Read more ...

     

  • Eventbrite tanks after first earnings report since going public

    Eventbrite tanks after first earnings report since going public

    26 days ago - By Business Insider

    Eventbrite posted its first earnings report since going public in October.
    It beat on revenue, but missed on the bottom line.
    Eventbrite is sliding, down nearly 8% Tuesday, after posting a bigger-than-expected third-quarter loss.
    The ticketing and event-management company said it lost an adjusted $0.66 a share - $0.22 more than what analysts surveyed by Bloomberg were expecting. It generated $73.6 million revenue, topping the $71.7 million that was anticipated.
    "Operating loss was negatively impacted by increased stock-based compensation expense in the quarter related to our initial public...
    Read more ...

     

  • Eventbrite tanks after first earnings report since going public

    Eventbrite tanks after first earnings report since going public

    26 days ago - By Business Insider

    Eventbrite posted its first earnings report since going public in October.
    It beat on revenue, but missed on the bottom line.
    Eventbrite is sliding, down nearly 8% Tuesday, after posting a bigger-than-expected third-quarter loss.
    The ticketing and event-management company said it lost an adjusted $0.66 a share - $0.22 more than what analysts surveyed by Bloomberg were expecting. It generated $73.6 million revenue, topping the $71.7 million that was anticipated.
    "Operating loss was negatively impacted by increased stock-based compensation expense in the quarter related to our initial public...
    Read more ...

     

  • The cannabis producer Cronos posts strong revenue growth but a bigger loss

    The cannabis producer Cronos posts strong revenue growth but a bigger loss

    27 days ago - By Business Insider

    Cronos Group reported third-quarter results on Tuesday.
    The marijuana producer's revenue grew 186% year-over-year.
    It lost $0.04 a share, down from $0.01 profits per share.
    Watch Cronos Group trade live here .
    The Canadian cannabis grower Cronos Group on Tuesday reported third-quarter results that saw its revenue grow but loss widen. Shares were down as much as 5% in early trading.
    Here are the key numbers:
    Revenue: $3.8 million, +186% year-over-year.
    Earnings per share: -$0.04, previous $0.01
    Kilograms of cannabis sold: 514 kilograms, +213% YoY
    According to the company, the main drivers...
    Read more ...

     

  • The cannabis producer Cronos posts strong revenue growth but a bigger loss

    The cannabis producer Cronos posts strong revenue growth but a bigger loss

    27 days ago - By Business Insider

    Cronos Group reported third-quarter results on Tuesday.
    The marijuana producer's revenue grew 186% year-over-year.
    Its loss widened by $0.03 a share.
    Watch Cronos Group trade live here .
    The Canadian cannabis grower Cronos Group on Tuesday reported third-quarter results that saw its revenue grow but loss widen. Shares were down as much as 5% in early trading.
    Here are the key numbers:
    Revenue: $3.8 million, +186% year-over-year.
    Earnings per share: -$0.04, previous $0.01
    Kilograms of cannabis sold: 514 kilograms, +213% YoY
    According to the company, the main drivers for the growth in...
    Read more ...