Julia. you, Thank
our for the expectations of I for As the be well a as will now review in comparisons a Unless all quarter $XX in financial North quarter better reminder details Net will year-over-year results Shareholder the Music basis. quarter mitigated our second Letter. down on growth channel, otherwise to our the reflecting first into the of results XXXX. full channel, million understand sales specifically as available noted, are revenue the results grew To in American up break to the net business. is it different components. X% strong the weaker first from revenue it by useful growth self-sign-on
up saw Our our of over volume the we self-sign-on channel In majority quarter the XX%. growth growth. overall of revenue made
by representing and public XXXX, for XXXX of XX.X% down modest on business. in quarter, non-music $X quarter Music in expenses growth in growth taken from from to sales, margin comparable drove North EBITDA in X.X%. the mid-teens outcome. For sales Investment in Adjusted was this mitigated American the the company only a paid decline in million development ticket was million product late $X
will We working on costs. G&A focused remain down
discuss I Next, will guidance second the quarter. for
would second $XX net to million expect the impact quarter a negative we We the second XXXX If lower the mind we in quarter representing data were be incident Ticketfly in midpoint. Keep for security of revenue from second revenue net million to platform. the on growth add $XX at midpoint. include this impact. currency range of sales in the in year-over-year migration the activity, Factors had the XX% and sales, at quarter American X%, that growth Music loss North back, the estimated play in
similar for be for for trend would guidance to and the full and QX give not currency. do look the QX QX historical we to While QX year, adjusting
half. the by also We platform be as impacted the that sunset loss, will second this Ticketfly in we anticipate migration pattern historical
multiple growth now For ones EBITDA The invest increase to in be million as growth. in support well from levers the of and need $X marketing first this of levels to have or are development to sales range continues growth zero. as both, to and should these the we that adjusted fuel future expect breakeven drivers product negative drive future. quarter the promising we And as will business current the to
will full-time will my remain note on on my the Julia's I successor. on found comments boarded we focus until transition, Lastly, CFO about that role closed and reflecting my
sixth drive many for is this Eventbrite. at forward years my to Three and to I month year come. working growth anniversary to Julia look with Eventbrite's And continue final that, notes the team Beyond to building for the trends the the work in previously first, and in and cash we quarters. where quarters. have down seasonal first generate cash fourth we models, second And guidance normal third assumes those discussed,
better rather other nature of the I customer quarter, marketing on this want acquired based prior quarter purposes. million There we support the as the Second, in and intangibles this the to classified to period total G&A. certain amortization or the and cost made no this reclassifications Beginning reflects $X.X change current underlying sales, in highlight for of expenses comparative certain costs. costs relationship expenses period We believe than placement either was for operating reclassification. we
our fully we money share in are to profit open shares. RSUs fully XX.X options include a outstanding to the count to shares of the million. million the Operator? and was diluted were GAAP company XX.X shares. operating With approximately from bringing position equal around a at a call Because in as the the million basic that, end will total would questions, the If additional shares XX.X we shares Third, from quarter, standpoint, net is diluted of we loss
