Business Wednesday, Nov 13

Vivid Seats Inc. (NASDAQ:SEAT) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET

Company Participants

Kate Africk – Head, Investor Relations
Stan Chia – Chief Executive Officer
Larry Fey – Chief Financial Officer

Conference Call Participants

Andrew Marok – Raymond James
Maria Ripps – Canaccord
Ryan Sigdahl – Craig-Hallum Capital Group
Daniel Kurnos – The Benchmark Company
Cameron Mansson-Perrone – Morgan Stanley
Thomas Forte – the Maxim Group
Ralph Schackart – William Blair

Operator

Good morning, and welcome to the Vivid Seats Third Quarter 2024 Earnings Conference Call. Following management’s prepared remarks, we will open the call for Q&A.

I would now like to turn the call over to Kate Africk.

Kate Africk

Good morning, and welcome to Vivid Seats third quarter 2024 earnings conference call. I’m Kate Africk, Head of Investor Relations at Vivid Seats. Joining me today to discuss Vivid Seats’ results are Stanley Chia, Chief Executive Officer; and Lawrence Fey, Chief Financial Officer.

By now, everyone should have access to our third quarter earnings press release, which we released earlier this morning. The press release as well as supplemental earnings slides are available on the Investor Relations page of Vivid Seats website at investors.vividseats.com.

During the course of today’s call, management may make forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including the risks and uncertainties described in our earnings press release, our most recent annual report on Form 10-K and our 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. To the extent reasonably available, a reconciliation of these non-GAAP financial measures to their corresponding GAAP measures can be

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