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StubHub's Profit Surge: Live Events Thrive
Published 2 days, 5 hours ago
Description
StubHubs Q1 numbers soar, with revenue up 12% and gross merchandise sales rising 7%. The company flipped from a loss to a net profit of $48 million, with free cash flow surging 92% to $290.6 million. CEO Eric Baker highlighted strong demand for live events, and shares jumped on the news. StubHub aims to grow ticket supply and solidify its position as a go-to spot for fans.
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