Overview

• StubHub filed an updated Form S-1 with the SEC on August 11 to resume its IPO plans and list Class A shares under the ticker STUB.
• The updated prospectus reported Q1 revenue of $397.6 million, operating income of $26.8 million and a net loss of $35.9 million, widening from $29.7 million a year earlier.
• Unnamed sources cited by CNBC say the company plans to launch its IPO roadshow after Labor Day and target a market debut in late September.
• StubHub declined to comment on the reported timetable or provide pricing and share-volume details ahead of its public offering.
• Investors will assess StubHub’s growth metrics against competition from Live Nation’s Ticketmaster and secondary marketplaces including Vivid Seats, SeatGeek and TicketNetwork.