- Sportradar press release ( NASDAQ: SRAD ): Q2 Adj. EBITDA of $28.9M
- Revenue of $186M (+9.4% Y/Y) beats by $13.79M .
- Outlook:
- Sportradar is upgrading its revenue outlook for fiscal 2022 from its previous range of €665.0 million to €700.0 million ($698.3 million to $735.0 million) to a new range of €695.0 million to €715.0 million ($729.8 million to $750.8 million vs consensus of $692.95M ), representing prospective growth of 24% to 27% over fiscal 2021.
- Adjusted EBITDA, impacted by the Russia/Ukraine conflict, is expected to remain in the range of €123.0 million to €133.0 million ($129.2 million to $139.7 million), representing growth of 21% to 30% over fiscal 2021.
- Adjusted EBITDA margin is expected to be in the range of 17% to 19%.
For further details see:
Sportradar reports Q2 results, raises FY revenue guidance