Genius Sports Group (GENI) Misses Q1 EPS by 2c; Offers FY23 Guidance

Go back to Genius Sports Group (GENI) Misses Q1 EPS by 2c; Offers FY23 Guidance

Genius Sports Reports First Quarter Results Ahead of Expectations and Raises Full-Year Revenue and Group Adj. EBITDA Guidance

May 9, 2023 7:00 AM EDT

Group Revenue of $97.2m, exceeding first quarter guidance of $92.0m Group Net Loss of ($25.2m) and Group Adj. EBITDA of $8.0m, exceeding first quarter guidance of $3.0m 2023 Group Revenue and Adj. EBITDA outlook increased to $400m and $49m, respectively, up from prior outlook of $391m and $41m Genius expects to expand Group Adj. EBITDA Margins from 5% in 2022 to 12% in 2023

LONDON & NEW YORK--(BUSINESS WIRE)-- Genius Sports Limited (NYSE: GENI) (Genius Sports or the Group), the official data, technology and broadcast partner that powers the global ecosystem... More