GENI - Genius Sports GAAP EPS of -$0.11 misses by $0.01 revenue of $119.72M beats by $2.68M
2024-05-08 07:13:47 ET
- Genius Sports press release ( NYSE: GENI ): Q1 GAAP EPS of -$0.11 misses by $0.01 .
- Revenue of $119.72M (+23.1% Y/Y) beats by $2.68M .
- Q2 revenue consensus of $94.38M, Q3 revenue consensus of $113.45M, Q4 revenue consensus of $156.03M
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Financial Outlook...
Genius Sports expects to generate Group Revenue of approximately $500 million and Group Adjusted EBITDA of approximately $82 million in 2024. This implies year-on-year Group Revenue and Adj. EBITDA growth of 21% and 54%, respectively. The Company also expects to generate positive cash flow in the full year of 2024.
$ in millions
Q1 2024A
Q2 2024E
Q3 2024E
Q4 2024E
FY 2024E
Group Revenue
120
94
119
167
500
Group Adjusted EBITDA
7
21
25
29
82