Genius Sports Group (GENI) Misses Q1 EPS by 6c, Offers Guidance

Genius Sports Group (NYSE: GENI) reported Q1 EPS of ($0.21), $0.06 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $85.9 million versus the consensus estimate of $77.92 million.

GUIDANCE:

Genius Sports Group sees FY2022 revenue of $340 million, versus the consensus of $343 million.

• Genius reaffirms its expectation to generate Group Revenue of approximately $340 million and Group Adjusted EBITDA of approximately $15 million in 2022, despite risks related to foreign exchange and ceased commercial operations in Russia and Ukraine. It also reaffirms its expectation of Group Revenue in the range of $430 to $440 million and Group Adjusted EBITDA of $40 to $50 million in 2023.

For earnings history and earnings-related data on Genius Sports Group (GENI) click here.

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