Data provider unveils 2025 guidance Revenue outlook of $620 million easily beats Wall Street consensus On another rough day for domestic equities, Genius Sports (NYSE: GENI) stood out as shares of the sports betting data provider surged on the back of strong 2025 guidance. A slide from a Genius Sports investor presentation. The stock surged today as the company unveiled 2025 revenue guidance well ahead of expectations. (Image: Genius Sports) In late trading, the stock was higher by 12.50% on volume that was more than double the daily average after the company told investors it expects 2025 sales of $620 million on earnings before interest, taxes, depreciation, and amortization of (EBITDA) of $125 million. That top-line forecast is well ahead of the $590.7 million consensus. This implies year-over-year Group Revenue and adjusted EBITDA growth of 21% and 46%, respectively. Genius Sports also expects to continue to increase its annual cash flow in the full year of 2025,” said Genius in… Read More
Category: Financial, Sports Betting, Technology, sports betting, technology
Source: Casino.org
