NEW YORK (AP) — NEW YORK (AP) — StubHub Holdings Inc. (STUB) on Wednesday reported first-quarter profit of $32.5 million.
The New York-based company said it had net income of 6 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The online ticket marketplace posted revenue of $446 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $402.5 million.
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