Vivid Seats Inc. reported earnings results for the second quarter and six months ended June 30, 2025. For the second quarter, the company reported sales was USD 143.57 million compared to USD 198.32 million a year ago. Sales was USD 143.57 million compared to USD 198.32 million a year ago. Sales was USD 143.57 million compared to USD 198.32 million a year ago. Sales was USD 143.57 million compared to USD 198.32 million a year ago. Net loss was USD 139.68 million compared to USD 1.06 million a year ago. Net loss was USD 139.68 million compared to USD 1.06 million a year ago. Net loss was USD 139.68 million compared to USD 1.06 million a year ago. Net loss was USD 139.68 million compared to USD 1.06 million a year ago. Basic loss per share from continuing operations was USD 21.4 compared to USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 25.4 compared to USD 0.2 a year ago.
For the six months, sales was USD 307.59 million compared to USD 389.17 million a year ago. Sales was USD 307.59 million compared to USD 389.17 million a year ago. Sales was USD 307.59 million compared to USD 389.17 million a year ago. Sales was USD 307.59 million compared to USD 389.17 million a year ago. Net loss was USD 145.62 million compared to net income of USD 5.01 million a year ago. Net loss was USD 145.62 million compared to net income of USD 5.01 million a year ago. Net loss was USD 145.62 million compared to net income of USD 5.01 million a year ago. Net loss was USD 145.62 million compared to net income of USD 5.01 million a year ago. Basic loss per share from continuing operations was USD 22.2 compared to basic earnings per share from continuing operations of USD 0.8 a year ago. Diluted loss per share from continuing operations was USD 26.2 compared to diluted earnings per share from continuing operations of USD 0.8 a year ago.
Vivid Seats Inc. is an online ticket marketplace that utilizes its technology platform to connect fans of live events with ticket sellers. Its segments include Marketplace and Resale. In its Marketplace segment, it acts as an intermediary between ticket buyers and sellers through which it processes ticket sales on its Website and mobile applications and initiates sales through its numerous distribution partners. Its Marketplace segment also includes its Vivid Picks daily fantasy sports offering, where users partake in contests by making picks from a variety of sport and player matchups. In its Resale segment, it acquires tickets to resell on secondary ticket marketplaces, including its own. The segment also provides internal research and development support for Skybox, an ERP tool used by the majority of its ticket sellers. Skybox is a free-to-use system that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces.
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