OMRON Launches Weather Sensor to Support Climate-Smart Innovation in Agriculture and Infrastructure
As climate volatility and resource management challenges intensify, accurate weather data is becoming a critical tool in mitigating environmental risk and optimizing system performance. OMRON's new Weather Sensor delivers robust, real-time insights – empowering more responsive and resilient infrastructure and operations.
With high sensitivity and multi-parameter sensing capabilities, the sensor supports advanced monitoring of environmental variables such as temperature, humidity, pressure, and wind. Its compact, durable design makes it ideal for field deployment in harsh conditions – from remote farmlands to urban infrastructure.
The Weather Sensor design is well suited for key applications in agriculture, smart lighting, and utilities. Its low maintenance design makes it easy to set up and monitor climate conditions for crop fields out in remote areas. Smart street lighting applications can utilize existing power to enable the weather sensor to track spot weather conditions in urban areas, alerting those who may be affected by weather emergencies. Lastly, water management facilities can use the Weather Sensor's ultrasonic wind sensors and IR rainfall sensors to gain valuable insight into how climate may be affecting water treatment and cycling.
'Our Weather Sensor is built for the next era of climate intelligence,' said Cary Horan, business development manager at OMRON Electronic Components. 'By enabling smarter, real-time environmental insights, we're helping industries more effectively manage climate risks and resource constraints.'
The Weather Sensor expands OMRON's growing portfolio of sensing solutions supporting sustainability, operational efficiency, and data-driven innovation. It reflects OMRON's continued commitment to sustainable products that empower smarter systems across critical sectors.
To watch OMRON's on-demand Weather Sensor webinar, hosted by Cary Horan, click here.
For more information about the Weather Sensor or OMRON's complete range of products, visit omron.com.
For over 90 years, OMRON Electronic Components has been a leading manufacturer and provider of advanced electronic components. Extensive product groups include relays, switches, connectors, MEMS flow sensors, pressure sensors, and optical components. OMRON's broad product offering can be integrated in applications for energy, industrial automation, test and measurement/automated test equipment, power tools, smart home/building, and entertainment/gaming markets around the world. OMRON Electronic Components has an extensive sales network consisting of regional sales professionals, inside sales representatives, technical sales assistants, customer service staff, and an authorized distributor network. OMRON Electronic Components is the Americas subsidiary of OMRON Corporation, a $7 billion global leading supplier of electronics and control system components and services operating in more than 130 countries. Learn more at components.omron.com/us.
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SAN FRANCISCO--(BUSINESS WIRE)--Eventbrite (NYSE: EB), a global marketplace for shared experiences, reported its financial results for the second quarter ended June 30, 2025. The Company's Second Quarter Investor Presentation can be found on Eventbrite's Investor Relations website at 'Our second quarter financial results demonstrate how our focused execution is driving operational performance, while delivering sustainable bottom-line improvement,' said Julia Hartz, Co-Founder, Chief Executive Officer, and Executive Chair. 'Following the strategic initiatives we put in place over the past year, we saw continued improved trends for paid events, paid creators, and paid tickets, and in July, the improvement in paid ticket trends accelerated meaningfully, bringing us closer to our goal of returning to growth. We believe we are on the right path and the progress we are achieving positions us for an even brighter future.' 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Second Quarter 2025 Highlights Net revenue of $72.8 million, declined 14% year-over-year as anticipated, driven in part by the elimination of organizer fees, and was at the top end of the Company's quarterly outlook range. Eventbrite Ads continued to grow rapidly, up 50% year-over-year. Net loss of $2.1 million compared to net income of $1.1 million in the same period last year, which included a net benefit of $8.3 million due to a legal settlement gain recognized in June 2024. Adjusted EBITDA of $6.4 million and Adjusted EBITDA margin of 8.8% exceeded the Company's outlook range. 1 Paid ticket volume of 19.7 million, declined 7% year-over-year, improving 40 basis points from the quarter ended March 31, 2025 and representing the Company's third consecutive quarter of improvement in year-over-year trends. 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Due to trends in tickets per creator, the Company updated its full-year revenue outlook range to $290 million to $296 million. As a result of the Company's significant reductions in operating expenses, it raised its full-year Adjusted EBITDA margin outlook to approximately 7%, excluding non-routine items. The Company has not provided an outlook for GAAP net income (loss) or GAAP net income (loss) margin or reconciliations of expected Adjusted EBITDA to GAAP net income (loss) or expected Adjusted EBITDA margin to GAAP net income (loss) margin because GAAP net income (loss) and GAAP net income (loss) margin on a forward-looking basis are not available without unreasonable efforts due to the potential variability and complexity of the items that are excluded from Adjusted EBITDA and Adjusted EBITDA margin, such as stock-based compensation expense, foreign exchange rate gains and losses, and other non-recurring expenses. Earnings Webcast Information Event: Eventbrite Second Quarter 2025 Earnings Conference Call Date: Thursday, August 7, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Site: An archived webcast of the conference call will be accessible on Eventbrite's Investor Relations page, About Eventbrite Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transforming the way people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz, and Renaud Visage, with a vision to build a self-service platform that empowers anyone to host and discover live experiences. In 2024, Eventbrite distributed over 83 million paid tickets to over 4.7 million events, helping people find new things to do or new ways to do more of what they love. Eventbrite has also earned industry recognition as a top employer, with special designations that include a coveted spot on Fast Company's prestigious 'The World's 50 Most Innovative Companies' and 'Brands That Matter' lists, the Great Place to Work® Award in the U.S., and Inc.'s 'Best-Led Companies' honor. Learn more at Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding the future performance of Eventbrite, Inc. and its consolidated subsidiaries (the 'Company'); the Company's ability to return to growth; the Company's capital structure; and the Company's expectations described under 'Business Outlook' above. In some cases, forward-looking statements can be identified by terms such as 'may,' 'will,' 'appears,' 'shall,' 'should,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'target,' 'projects,' 'contemplates,' 'believes,' 'estimates,' 'predicts,' 'potential,' or 'continue,' or the negative of these words or other similar terms or expressions that concern the Company's expectations, strategy, plans, or intentions. Such statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause the Company's actual results, performance, or achievements to differ materially from results expressed or implied in this press release, including the impact of the macroeconomic and geopolitical environment, including but not limited to, tariffs, expanded trade controls, taxes, conflicts around the world, inflation and changes in interest rates, and related shifts in consumer behavior and spending, and other factors more fully described in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, other filings that the Company makes with the Securities and Exchange Commission from time to time. Investors are cautioned not to place undue reliance on these statements. Actual results could differ materially from those expressed or implied. All forward-looking statements are based on information and estimates available to the Company at the time of this release, and are not guarantees of future performance, and reported results should not be considered as an indication of future performance. Except as required by law, the Company assumes no obligation to update any of the statements in this press release. Disclaimer Regarding Ticketing, Creator and Event Metrics This press release includes certain measures related to our ticketing business, such as paid tickets and paid creators. We believe that the use of these metrics is helpful to our investors as these metrics are used by management in assessing the health of our business and our operating performance. These metrics are based on what we believe to be reasonable estimates for the applicable period of measurement. There are inherent challenges in measuring these metrics, and we regularly review and may adjust our processes for calculating our internal metrics to improve their accuracy. You should not consider these metrics in isolation or as substitutes for analysis of our results of operations as reported under GAAP. Condensed Consolidated Statement of Operations (in thousands, except share and per share amounts; unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net revenue $ 72,758 $ 84,551 $ 146,591 $ 170,803 Cost of net revenue 23,651 24,611 48,057 49,643 Gross profit 49,107 59,940 98,534 121,160 Operating expenses Product development 18,161 26,057 39,098 52,741 Sales, marketing and support 20,399 24,521 41,922 45,390 General and administrative 16,887 15,816 33,578 37,053 Total operating expenses 55,447 66,394 114,598 135,184 Loss from operations (6,340 ) (6,454 ) (16,064 ) (14,024 ) Interest income 3,961 7,382 7,715 14,789 Interest expense (1,094 ) (2,806 ) (2,174 ) (5,606 ) Other income (expense), net 2,211 3,725 3,418 2,472 Income (loss) before income taxes (1,262 ) 1,847 (7,105 ) (2,369 ) Income tax provision 845 784 1,613 1,058 Net income (loss) $ (2,107 ) $ 1,063 $ (8,718 ) $ (3,427 ) Net income (loss) per share Basic $ (0.02 ) $ 0.01 $ (0.09 ) $ (0.04 ) Diluted $ (0.02 ) $ 0.01 $ (0.09 ) $ (0.04 ) Weighted-average number of shares outstanding used to compute net income (loss) per share Basic 96,114 96,142 95,442 95,557 Diluted 96,114 96,290 95,442 95,557 Expand Condensed Consolidated Statements of Cash Flows (in thousands, Unaudited) Six Months Ended June 30, 2025 2024 Cash flows from operating activities Net loss $ (8,718 ) $ (3,427 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 8,257 7,242 Stock-based compensation expense 17,703 29,239 Amortization of debt discount and issuance costs 631 1,057 Unrealized (gain) loss on foreign currency exchange (3,921 ) 1,288 Accretion on short-term investments (41 ) (2,769 ) Non-cash operating lease expenses 318 273 Amortization of creator signing fees 1,006 401 Changes related to creator advances, creator signing fees, and allowance for credit losses 609 (2,920 ) Provision for chargebacks and refunds 9,597 14,559 Gain on litigation settlement — (3,927 ) Other 857 623 Changes in operating assets and liabilities Accounts receivable 878 (2,866 ) Funds receivable 13,448 19,653 Creator signing fees and creator advances (3,433 ) (3,922 ) Prepaid expenses and other assets (627 ) 1,291 Accounts payable, creators 13,933 12,852 Accounts payable (658 ) (366 ) Chargebacks and refunds reserve (9,354 ) (14,415 ) Accrued compensation and benefits 4,489 (8,988 ) Accrued taxes (1,690 ) (3,840 ) Operating lease liabilities (1,104 ) (991 ) Other accrued liabilities (284 ) (3,773 ) Net cash provided by operating activities 41,896 36,274 Cash flows from investing activities Purchases of short-term investments — (112,185 ) Maturities of short-term investments 25,000 212,002 Purchases of property and equipment (61 ) (403 ) Capitalized internal-use software development costs (1,795 ) (4,818 ) Net cash provided by investing activities 23,144 94,596 Cash flows from financing activities Repurchase of common stock — (36,508 ) Taxes paid related to net share settlement of equity awards (2,437 ) (5,776 ) Proceeds from issuance of common stock under ESPP 164 454 Net cash used in financing activities (2,273 ) (41,830 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 11,206 (2,741 ) Net increase in cash, cash equivalents and restricted cash 73,973 86,299 Cash, cash equivalents and restricted cash Beginning of period 464,531 489,200 End of period $ 538,504 $ 575,499 Expand About Non-GAAP Financial Measures We believe that the use of Adjusted EBITDA and Adjusted EBITDA margin is helpful to investors in understanding and evaluating results of operations and useful measures for period-to-period comparisons of the company's business performance as they are metrics used by management in assessing the health of the company's business and operating performance, making operating decisions, and performing strategic planning and annual budgeting. These measures are not prepared in accordance with GAAP and have limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of our results of operations as reported under GAAP. In addition, other companies may not calculate non-GAAP financial measures in the same manner as we calculate them, limiting their usefulness as comparative measures. You are encouraged to evaluate the adjustments and the reasons we consider them appropriate. Some amounts in this press release may not add due to rounding. Adjusted EBITDA We calculate Adjusted EBITDA as net income (loss) adjusted to exclude depreciation and amortization, stock-based compensation expense, interest expense, interest income, employer taxes related to employee transactions, other (income) expense net, which consists of foreign exchange rate gains and losses, income tax provision (benefit), and significant and non-recurring legal matters, net of insurance recoveries. Adjusted EBITDA should not be considered as an alternative to net income (loss) or any other measure of financial performance calculated and presented in accordance with GAAP. Beginning in the current fiscal quarter, we updated our definition of Adjusted EBITDA to include certain significant and non-recurring legal matters, net of insurance recoveries, that we consider to be non-recurring and not reflective of our ongoing operations. This change better aligns Adjusted EBITDA with how management evaluates our core operating performance. This change in definition is applied prospectively beginning with the three months ended June 30, 2025. Prior periods have not been recast, as there is no impact to any previously reported amounts. Some of the limitations of Adjusted EBITDA include (i) Adjusted EBITDA does not properly reflect capital spending that occurs off of the income statement or account for future contractual commitments, (ii) although depreciation and amortization are non-cash charges, the underlying assets may need to be replaced and Adjusted EBITDA does not reflect these capital expenditures and (iii) Adjusted EBITDA does not reflect the interest and principal required to service our indebtedness. In evaluating Adjusted EBITDA, you should be aware that in the future we expect to incur expenses similar to the adjustments in this release. Our presentation of Adjusted EBITDA should not be construed as an inference that future results will be unaffected by these expenses or any unusual or non-routine items. When evaluating performance, you should consider Adjusted EBITDA alongside other financial performance measures, including net income (loss) and other GAAP results. Adjusted EBITDA Margin Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by net revenue. Because of the limitations described above, you should consider Adjusted EBITDA and Adjusted EBITDA Margin alongside other financial performance measures, including net loss, net loss margin, and other GAAP results.
