Reports Q2 Marketplace GOV of $953.7M, up 17% from $814.8M in Q2 of 2022. Widespread strength in both live event supply and demand continued in the second quarter,” said Lawrence Fey, Vivid Seats CFO. “Our 17% year-over-year Marketplace GOV growth is a testament to solid Vivid Seats execution against a healthy market backdrop. We are again raising our 2023 guidance and now expect both Marketplace GOV and Adjusted EBITDA to grow by double digits for the year. Our acquisition of Wavedash for approximately $61M in cash will expand profitability and reflects the strategic optionality that our cash flow and robust balance sheet enable as we seek opportunities to maximize long-term shareholder returns.”
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