Genius Sports Reaffirms 2024 Guidance and Announces Preliminary Unaudited Estimate of Fourth Quarter Cash, a Positive Net Cash Position in the Full-Year 2024
Genius Sports Limited (
NYSEGENI) (“Genius Sports,” the “Company,” “we” or “our”) announced today that it is reaffirming its previously disclosed 2024 guidance of Group Revenue of approximately $511 million and Group Adjusted EBITDA of approximately $86 million. Additionally, the Company reported its preliminary unaudited estimate of cash, cash equivalents and restricted cash as of December 31, 2024 of approximately $135 million, which is expected to be up from $69 million as of September 30, 2024 and up from $126 million as of December 31, 2023. This equates to a positive net cash position for 2024 as previously disclosed as part of our 2024 guidance.
Genius Sports Announces Pricing of Public Offering
Genius Sports Limited (
NYSEGENI) (“Genius Sports,” the “Company,” “we” or “our”) announced today the pricing of an underwritten public offering of 17,647,059 ordinary shares, par value $0.01 (the “Ordinary Shares”), by the Company at a price to the public of $8.50 per Ordinary Share. The offering is expected to close on January 16, 2025, subject to the satisfaction of customary closing conditions.
Genius Sports to Participate in the Annual Needham Growth Conference
Genius Sports Limited (
NYSEGENI) (“Genius Sports” or the “Company”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced that Nick Taylor, the Company’s Chief Financial Officer, will participate in the 27th Annual Needham Growth Conference.
TNT Sports, in Collaboration with NBA 2K and Genius Sports, to Present NBA 2K25 DataCast Alternative Telecast on truTV & Max for 2024 Emirates NBA Cup Knockout Round Coverage
TNT Sports’ networks and platforms will showcase Knockout Rounds action of the 2024 Emirates NBA Cup with multiple viewing experiences available for fans across TNT, truTV and Max.
First-Of-Its-Kind “EA Sports Madden NFL Cast” to Stream Live Exclusively on Peacock for Texans-Chiefs Matchup on Saturday Dec. 21 at 1 P.M. ET
NBC Sports and Peacock will collaborate with the National Football League, EA SPORTS, and Genius Sports (
NYSEGENI) to present a first-of-its-kind EA SPORTS Madden NFL Cast of the Houston Texans-Kansas City Chiefs game on Saturday, Dec 21 at 1 p.m. ET, exclusively streaming on Peacock. The Madden NFL Cast was announced last night on NBC and Peacock at halftime of Miami Dolphins-Green Bay Packers – the third game in the NFL’s “John Madden Thanksgiving Celebration.”
Genius Sports Reports Third Quarter Results Above Expectations and Raises Full-Year 2024 Group Revenue and Adj. EBITDA Growth Outlook to 24% and 61%, Respectively
Genius Sports Limited (
NYSEGENI) (“Genius Sports” or the “Group”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal third quarter ended September 30, 2024.
Los Angeles Rams launch Next Gen Stats-powered, in-stadium highlights through new collaboration with Genius Sports
The Los Angeles Rams (“Rams”) have collaborated with Genius Sports Limited (“Genius Sports”) (
NYSEGENI) to provide their fans with augmented, data-driven in-game highlights within SoFi Stadium.
Genius Sports to Announce Third Quarter 2024 Results on November 12
Genius Sports Limited (“Genius Sports”) (
NYSEGENI) today announced that it will release its third quarter 2024 results before 8:00AM ET on Tuesday, November 12, 2024.
Genius Sports Launches FANHub, World’s First Advertising & Activation Platform to Reach & Engage Sports Fans
Today Genius Sports Limited (“Genius Sports”) (
NYSEGENI) announced the launch of its fan activation platform FANHub, the only omnichannel marketing platform custom-built to reach and engage sports fans.
Genius Sports Announces New Board Appointment: Robert J. Bach appointed as an Independent Director
Genius Sports Limited (
NYSEGENI) (“Genius Sports”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces the appointment of Robert J. (Robbie) Bach to the Genius Sports Board of Directors (the “Board”), effective as of October 1, 2024.
Genius Sports Announces Appointment of Mark Kropf as Group Chief Technology Officer
Genius Sports Limited (“Genius Sports”) (
NYSEGENI), the official data, technology, and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces the appointment of Mark Kropf as its Group Chief Technology Officer (“CTO”).
Genius Sports Limited Addresses Media Speculation Regarding a Potential Acquisition of Kambi Group plc
In response to these rumours, Mark Locke, CEO of Genius Sports Limited (“Genius Sports”) (
NYSEGENI) issued the following statement: "As policy, we do not comment on unfounded and ill-informed rumours. To prevent any further speculation, we can confirm that we are not involved in any discussions of this nature with Kambi."
Genius Sports to Supply Semi-Automated Offside Technology for the Premier League
Leading sports data and technology company Genius Sports Limited (“Genius Sports”) (
NYSEGENI) has been appointed as the Premier League’s Semi-Automated Officiating supplier.
Genius Sports Announces Upcoming Conference Schedule
Genius Sports Limited (
NYSEGENI) (“Genius Sports”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, will participate in eight upcoming investor conferences.
Genius Sports Launches GeniusIQ to Accelerate the AI Revolution in Global Sport
Genius Sports Limited (“Genius Sports”) (
NYSEGENI) today announced the launch of GeniusIQ, the next-generation data and artificial intelligence platform that will accelerate the revolution of how sport is understood and consumed by sports fans across the world.
Genius Sports Beats Second Quarter Revenue Guidance and Expects to Reaccelerate Growth with Increased 2024 Outlook
Genius Sports Limited (
NYSEGENI) (“Genius Sports” or the “Group”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal second quarter ended June 30, 2024.
Genius Sports and Football DataCo Extend Exclusive Official Data Partnership Through 2029
Genius Sports Limited (“Genius Sports”) (
NYSEGENI), the official data, technology, and commercial partner that powers the global ecosystem connecting sports, betting, and media, announces today the extension of its exclusive official data partnership with Football DataCo (“DataCo”) through 2029.
Genius Sports to Announce Second Quarter 2024 Results on August 6
Genius Sports Limited (“Genius Sports”) (
NYSEGENI) today announced that it will release its second quarter 2024 results before 8:00AM ET on Tuesday, August 6, 2024.
X and Genius Sports Partner to Launch Trend Genius Product Ahead of Major Summer Sporting Events
Ahead of a summer of sport, including the Olympic & Paralympic Games, X and Genius Sports Limited (“Genius Sports”) (
NYSEGENI) have announced the launch of the Trend Genius product, leveraging real-time conversations to accelerate ad attention in moments that matter.
Funds Advised by Apax Partners LLP Fully Exit their Equity Position in Genius Sports
Genius Sports Limited (
NYSEGENI) (“Genius Sports”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces that Funds advised by Apax Partners LLP (“Apax Funds”) have fully monetized their equity interest in Genius Sports and no longer holds any shares in the Company. The Apax Funds first acquired a majority interest in Genius Sports in September 2018 and have supported the Company through a period of transformational growth over the last six years.
Genius Sports Announces New Board Appointments: Ken Kay Appointed Chair, Claire Valoti Joins as Independent Director, and David Levy Moves to Advisory Role
Genius Sports Limited (
NYSEGENI) (“Genius Sports”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces changes to the Genius Sports Board of Directors (the “Board”), which became effective June 2024.
Sportradar Rides the Sports Betting Trend From Behind the CurtainInvestors have been pouring into sports betting stocks, but they may be missing out on Sportradar Group which is the engine that drives the industry
Genius Sports Reports First Quarter Results Above Expectations and Raises 2024 Group Revenue and Adj. EBITDA Guidance
Genius Sports Limited (
NYSEGENI) (“Genius Sports” or the “Group”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal first quarter ended March 31, 2024.
Genius Sports to Announce First Quarter 2024 Results on May 8
Genius Sports Limited (“Genius Sports”) (
NYSEGENI) today announced that it will release its first quarter 2024 results before 8:00AM ET on Wednesday, May 8, 2024.
Genius Sports Announces Resignation of a Member of the Board of Directors
Genius Sports Limited (“Genius Sports”) announced today that Gabriele Cipparrone, partner at Apax Partners LLP (“Apax”), will resign from its Board of Directors effective 8 April 2024, following a reduction in holdings in Genius Sports by funds advised by Apax (“Apax Funds”) through a secondary sale on 1 April 2024.
