Genius Sports Group (GENI) Misses Q3 EPS by 2c, Tops on Revenue; Offers FY23 Revenue Guidance

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Go back to Genius Sports Group (GENI) Misses Q3 EPS by 2c, Tops on Revenue; Offers FY23 Revenue Guidance

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

November 13, 2023 7:00 AM EST

Group Revenue of $102m, exceeding third quarter guidance of $100m and representing 29% year-on-year growth Group Net Loss of ($12m) and Group Adj. EBITDA of $18m, exceeding third quarter guidance of $17m and representing 131% year-on-year growth Third quarter Group Adj. EBITDA margins improved by 770 basis points year-on-year Raising 2023 Group Revenue and Adj. EBITDA guidance for the third consecutive quarter to $412m and $53m, respectively Reaffirming expectation for positive free-cash-flow in the second half of 2023

LONDON & NEW YORK--(BUSINESS WIRE)-- Genius Sports Limited (NYSE: GENI)... More