StubHub Reports Q2 Breakeven Results, Revenue Rises; Shares Fall After Hours
MT Newswires Live
Aug 13
StubHub Holdings (STUB) reported breakeven Q2 results late Wednesday, compared with the loss of $0.25 per diluted share a year earlier.
Analysts surveyed by FactSet expected earnings of $0.11.
Revenue in the three months ended June 30 rose to $573.1 million from $430.3 million a year earlier.
Analysts projected $513.3 million.
StubHub shares fell 16% in after-hours trading.
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