The online ticketing agent said its first-quarter loss increased to $21.6 million, or 37 cents per share, from a loss of $6 million, or 95 cents per share, during the previous period. The pro forma loss was $16.3 million, or 28 cents per share, up from last year's loss of $4.9 million, or 77 cents per share.
Revenues increased to $14.1 million from $6.6 million, driven by a 61% increase in ticketing services revenue and a 291% increase in software services and other revenue.
BILL'S PASSAGE COULD RESULT IN U.S. TIKTOK BAN
Meanwhile, on Capitol Hill... (4/20a)
BLACKSTONE ASSEMBLING $1.5B BID FOR HIPGNOSIS SONGS FUND
A white-knuckle moment (4/20a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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