Eventbrite (EB, $32.57) slumps -20% on Q4 earnings & Q1 guidance misses, despite stronger-than-expected revenue

Reporting a sharper loss and a weaker guidance than expected, Eventbrite saw its shares tumble in extended trading Thursday.

The online ticketing and event management company incurred a loss of -17 cents a share in the fourth quarter, wider than a loss of -13 cents a share estimated by analysts surveyed by FactSet. The company had a loss of -89 cents a share in the year-ago quarter.

Revenue increased to $75.9 million in the quarter from $62.7 million in the year-ago period. Analysts’ expected $73.2 million.

The company projects its first quarter net revenue to come in the range of $80 million to $84 million, below analyst forecasts of $91.3 million (based on FactSet survey of analysts).

Eventbrite lost more than -20% in after-hourrs trading Thursday.

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.