Genius Sports

Genius Sports Ltd. engages in the provision of scalable, technology-led products and services to the sports, sports betting, and sports media industries. It also involves in Sports League, which offers technology infrastructure for the collection, integration, and distribution of live data; Sportsbooks, which includes collection of live sports data, odds making, risk management and player marketing; and Sports Media, which provides a range of online marketing and fan engagement tools. The company was founded by Mark Adrian Locke in 2000 and is headquartered in London, United Kingdom.

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Genius Sports exceeds targets, eyes U.S. profitability by 2024

Genius Sports delivered exceptional financial performance in 2022, surpassing targets and positioning for continued growth.
Strong cash position, strategic partnerships, and innovative technology offerings are key strengths driving future success.
Challenges include managing cost base, impact of same game parlays, and potential limitations on growth from current tech investments.
Opportunities lie in U.S. market profitability, technology-driven revenue enhancements, new customer wins, and sports partnerships.

Genius Sports surpasses Q1 expectations, raises full-year guidance

Genius Sports delivered strong financial performance in Q1 2023, exceeding expectations and raising full-year guidance, driven by diversified revenue streams and technological leadership.
While facing challenges in areas like technology integration and expense management, the company's financial resilience and strategic position offer stability and growth potential.
With opportunities in innovation, market expansion, and strategic partnerships, Genius Sports is well-positioned to capitalize on industry trends and drive future success.

Genius Sports triples EBITDA, raises guidance, eyes tech-driven growth

Genius Sports' Q2 2023 performance showcases robust financial health and strategic partnerships, driving revenue and profitability growth.
While facing seasonality challenges and limited shareholder returns, the company's focus on technology-driven growth and market consolidation presents significant opportunities.
With raised guidance, strong market positioning, and a focus on efficiency and innovation, Genius Sports is poised for sustained success and market leadership.

Genius Sports beats expectations, eyes long-term growth through tech

Genius Sports continues its impressive growth trajectory, surpassing financial targets and demonstrating operational efficiency.
Strategic focus on technology deployment, financial discipline, and revenue diversification positions the company for sustained success.
Challenges in board transitions, foreign exchange rates, and future negotiated terms require proactive management and strategic planning.
Opportunities lie in enhancing fan engagement, leveraging partnerships, and optimizing revenue drivers for further growth.

Genius Sports beats Q4 targets, eyes growth in NFL and Brazil

Genius Sports delivered strong financial performance in Q4 2023, exceeding revenue and EBITDA targets with positive cash flow.
The company's partnerships, successful product offerings, and customer value growth position it well for continued success in 2024.
While facing challenges like foreign exchange impacts and market dynamics, Genius Sports remains optimistic about growth opportunities in new markets and product innovation.

Genius Sports exceeds Q1 expectations, eyes growth in partnerships and Brazil

Genius Sports had a strong Q1 performance, surpassing revenue and EBITDA guidance, and raising 2024 outlook. While facing challenges in margin expansion and U.S. market growth, the company is focused on sustaining revenue growth and expanding partnerships. Opportunities lie in product rollout, global expansion, and potential growth in Brazil.

Genius Sports reports strong Q2 earnings, raises guidance for growth

Genius Sports delivered impressive financial performance in Q2, raising guidance and securing key partnerships for future growth. While challenges in sustaining high revenue growth exist, the company's innovative technology offerings and strategic partnerships position them well for continued success. With a positive outlook for the remainder of the year, Genius Sports is set to capitalize on growth opportunities in the sports data and technology market.

Genius Sports excels in Q3, eyes growth in U.S. market

Genius Sports showcased robust financial performance in Q3, driven by revenue growth and enhanced profitability.
The company's strategic initiatives in sportsbook renewals, platform engagement, and new product launches position it well for future success.
While challenges exist in sustaining growth and achieving margin targets, opportunities in market expansion and operational efficiency are promising.

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NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports, the global leader in sports data and technology, today launched an innovative new identification solution, FanHub ID. The privacy-compliant solution uses proprietary online and offline data signals to build fan-based profiles, giving marketers and content owners new opportunities to reach and measure engaged sports audiences at scale. With an innovative approach to activating sports-based identity signals powered by AI-based technology, Genius.

Genius Sports Launches FanHub ID, the First Unified Fan Identification Solution for Advertising

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports”) today announced an expanded agreement with FanDuel Group (“FanDuel”) to deliver its transformative BetVision streaming solution. FanDuel, America's #1 sportsbook will unveil BetVision as part of its premium NFL offering through Genius Sports. As the exclusive distributor of NFL Official League Data, Genius Sports will continue to provide FanDuel with access to the league's proprietary Next Gen Stats (“NGS”).

FanDuel Expands Genius Sports Partnership to Launch Revolutionary NFL BetVision Streaming Solution

Genius Sports Limited (NYSE:GENI ) Q3 2023 Earnings Conference Call November 13, 2023 8:00 AM ET Company Participants Mark Locke - Chief Executive Officer Nick Taylor - Chief Financial Officer Josh Linforth - Chief Revenue Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Bernie McTernan - Needham & Company Jordan Bender - JMP Securities Joshua Marin - Oppenheimer Jason Bazinet - Citi Clark Lampen - BTIG Eric Martinuzzi - Lake Street Brett Knoblauch - Cantor Fitzgerald Robin Farley - UBS Operator Good day. My name is Rob, and I'll be your conference operator today.

Genius Sports Limited (GENI) Q3 2023 Earnings Call Transcript

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (NYSE:GENI) (“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, 2023. “Our consistent outperformance reflects the execution of our core strategy as we continue to develop and distribute innovative technology across the sports ecosystem, enabling success.

Genius Sports Reports Third Quarter Results Ahead of Expectations and Raises Full-Year Revenue and Group Adj. EBITDA Guidance

Genius Sports operates globally, leveraging data-driven strategies and partnerships with over 400 sports organizations, including the NFL and English Premier League. The company offers real-time sports data collection, integration, and dissemination, as well as advanced technologies like big data and augmented reality. Despite optimistic revenue growth, GENI's path to profitability is uncertain, and the current valuation seems expensive, warranting a "hold" rating for the stock.

Genius Sports: Holding The Balance Between Revenue Growth And Profitability Concerns

Here is how Genius Sports Limited (GENI) and Intel (INTC) have performed compared to their sector so far this year.

Is Genius Sports Limited (GENI) Outperforming Other Computer and Technology Stocks This Year?

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced that it will release its third quarter 2023 results before 8:00AM ET on Monday, November 13, 2023. At 8:00AM ET on the same day, Genius Sports will host a conference call to discuss the results. Genius Sports' earnings press release and related materials will be available at investors.geniussports.com. To listen to the live audio webcast and Q&A, please visit Genius Sports' investor relat.

Genius Sports to Announce Third Quarter 2023 Results on November 13

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LAS VEGAS--(BUSINESS WIRE)-- #PatentInfringement--SportsCastr has filed two separate complaints against Sportradar and Genius Sports for patent infringement on its interactive streaming technology.

PANDA Interactive Files Suit Against Sportradar and Genius Sports for Infringing Its Foundational Sports Betting and Interactive Streaming Technology Patents

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NEW YORK--(BUSINESS WIRE)--The American Gambling Awards is pleased to announce Genius Sports (NYSE: GENI) is the 2023 “Data Service Provider of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry. Data from Genius Sports powers over 97% of the regulated North American sportsbook market. Genius Sports is the exclu.

Genius Sports is the 2023 American Gambling Awards Data Service Provider of the Year

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) has unveiled BetVision, the world's first immersive sports wagering experience that brings live streams together with integrated bet slips, statistical insights, and real-time augmentations within a single interactive player. Genius Sports is launching BetVision with NFL live games in the U.S. For the first time ever, BetVision will allow sportsbook customers to place wagers from within the live video player.

Genius Sports launches BetVision, a game-changing, immersive sports betting experience including NFL live game video

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Apax Partners, a major shareholder of Genius Sports, is doing a secondary offering of 20 million shares. Genius Sports stock dropped 10% on the news, and Cathie Wood pounced on the dip.

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A seller is unloading 20 million ordinary shares in a public offering. It priced the sale at 12% below the most recent closing stock price.

Why Genius Sports Stock Lost More Than 6% of Its Value Today

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports,” the “Company,” “we” or “our”) announced today the pricing of the previously announced underwritten public offering of 20,000,000 ordinary shares by an affiliate of investment funds advised by Apax Partners LLP (the “Selling Shareholder”) at a price of $5.35 per ordinary share. The underwriter will have a 30-day option to purchase up to an additional 3,000,000 ordinary shares from the Selling Shareholder. Th.

Genius Sports Announces Pricing of Secondary Offering by Selling Shareholder

Genius Sports Ltd.'s stock GENI, -0.82% fell 7% in premarket trade Thursday, after the company said a secondary sale of 20 million shares by selling shareholders had commenced.

Genius Sports' stock falls 7% premarket as secondary offering of 20 million shares commences

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports,” the “Company,” “we” or “our”) announced today the commencement of a public offering of 20,000,000 ordinary shares by an affiliate of investment funds advised by Apax Partners LLP (the “Selling Shareholder”). The underwriter will have a 30-day option to purchase up to an additional 3,000,000 ordinary shares from the Selling Shareholder. No ordinary shares are being sold by Genius Sports and Genius Sports wil.

Genius Sports Announces Commencement of Secondary Offering by Selling Shareholder

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) has struck a new partnership with Snap Inc. (“Snap”) to power immersive augmented reality (“AR”) fan experiences via Snapchat Lenses. Genius Sports will help to power the next wave of Snapchat Lenses through NFL Official League Data, providing millions of fans with phone-based, highly shareable content. Genius Sports is also the exclusive distributor of the NFL Official League Data and Next Gen Stats (“NGS”).

Genius Sports Strikes Partnership with Snap to Power Immersive Snapchat Lenses on Verizon's 5G Network with NFL Official League Data

Genius Sports went public through a SPAC in 2021, and since then, shares have fallen ~92% at their worst point. However, the company operates a quality facing with growing revenue, enhancing profitability, and several tailwinds. We believe GENI stock is trading at a fair valuation and would be a great addition to any long-term portfolio.

Genius Sports: Solid Growth And Improving Profitability

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Genius Sports Limited (NYSE:GENI ) Q2 2023 Earnings Call Transcript August 7, 2023 8:00 AM ET Company Participants Brandon Bukstel - IR Manager Mark Locke - Co-Founder and CEO Nick Taylor - CFO Josh Linforth - MD, Media & Engagement Conference Call Participants Jason Bazinet - Citi Bernie McTernan - Needham & Company Ryan Sigdahl - Craig-Hallum Capital Group Jed Kelly - Oppenheimer Clark Lampen - BTIG Jordan Bender - JMP Securities Mike Hickey - Benchmark Company Eric Martinuzzi - Lake Street Capital Markets Operator Hello, and welcome to the Genius Sports Second Quarter Earnings Results 2023 Call. All lines have been placed on mute to prevent any background noise.

Genius Sports Limited (GENI) Q2 2023 Earnings Call Transcript

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (NYSE:GENI) (“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, 2023. “We enter the second half of 2023 having reached a significant inflection point in our business,“ said Mark Locke, Genius Sports Co-Founder and CEO. “Following the financial outperformanc.

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