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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Eventbrite, Inc. (EB) on Tuesday reported fourth-quarter net income of $4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the San Francisco-based company said it had net income of 4 cents.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The company posted revenue of $71.5 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $70.8 million.
For the year, the company reported that its loss narrowed to $55.4 million, or 56 cents per share. Revenue was reported as $260.9 million.
For the current quarter ending in March, Eventbrite said it expects revenue in the range of $73 million to $76 million.
The company expects full-year revenue in the range of $321 million to $330 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a EB">Zacks stock report on EB at https://www.zacks.com/ap/EB