Vivid Seats Inc. (SEAT) CEO Stan Chia on Q1 2022 Results - Earnings Call Transcript

May 14, 2022 1:16 PM ETVivid Seats Inc. (SEAT) Stock, SEATW StockSEAT, SEATW
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Q1: 2022-05-10 Earnings Summary

EPS of $0.02 misses by $0.01
 | Revenue of $130.77M beats by $18.37M

Vivid Seats Inc. (NASDAQ:SEAT) Q1 2022 Results Conference Call May 10, 2022 8:30 AM ET

Company Participants

Kate Copouls - Head of Investor Relations
Stan Chia - Chief Executive Officer
Lawrence Fey - Chief Financial Officer

Conference Call Participants

Ralph Schackart - William Blair
Maria Ripps - Canaccord Genuity
Tom Forte - D.A. Davidson
Andrew Marok - Raymond James

Operator

Welcome to the Vivid Seats Q1 2022 Earnings Conference Call. My name is Richard, and I'll be your operator for today's call. [Operator Instructions] As a reminder, the conference is being recorded.

I will now turn the call over to Kate Copouls, Head of Investor Relations. Ms. Copouls, you may begin.

Kate Copouls

Good morning, and welcome to Vivid Seats First Quarter 2022 Earnings Conference Call. I am Kate Copouls, Head of Investor Relations at Vivid Seats. Joining me today to discuss Vivid Seats' results are Stan Chia, Chief Executive Officer; and Larry Fey, Chief Financial Officer.

By now, everyone should have access to the company's first quarter earnings press release filed earlier this morning. We have also provided supplemental earnings slides. The press release and earnings slides are available on the Investor Relations page of Vivid Seats' website at investors.vividseats.com.

During the course of this call, management may make forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to the risks and uncertainties as described in the company's earnings press release and 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 we believe provide useful information for our investors. You will find a historical reconciliation of adjusted EBITDA and adjusted EBITDA margin to the corresponding GAAP measure in the earnings press release, supplemental earnings slides and other filings with the SEC.

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