Genius Sports (GENI) - 2024 Q1 - Quarterly Report
Genius Sports (GENI)2024-03-06 00:00
Genius Sports Reports Fourth Quarter and Full-Year Results Above Expectations and Announces 2024 Outlook for Group Revenue Growth and Adj. EBITDA Margin Expansion • 2023 Group Revenue increased 21% to $413m, exceeding initial guidance of $391m • 2023 Group Adj. EBITDA more-than-tripled to $53m, also exceeding initial guidance of $41m (Group Net Loss of $86m) • 2023 Group Adj. EBITDA margin increased by over 800bps year-over-year to 13% • Q4 2023 Group Revenue of $127m and Group Adj. EBITDA of $12m, surpassi ...