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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Genius Sports has posted an improved financial performance along with strong revenue growth in the latest quarter. The increasing popularity of international sports and events is a major tailwind for the business.

Genius Sports: A Positive Outlook For 2023 Makes The Stock Attractive

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (NYSE:GENI) (“Genius Sports” or the “Company”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, yesterday hosted a visual demonstration to showcase Second Spectrum technology and products.

Genius Sports Showcases Second Spectrum Technology in Visual Product Demonstration

Genius Sports Limited. (NYSE:GENI ) Q4 2022 Earnings Conference Call March 10, 2023 8:00 AM ET Company Participants Brandon Bukstel - IR Mark Locke - Co-Founder and CEO Nick Taylor - CFO Jack Davison - Chief Commercial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Jed Kelly - Oppenheimer Mike Hickey - Benchmark Jason Bazinet - Citi Ben Chaiken - Credit Suisse Bernie McTernan - Needham and Company Robin Farley - UBS Operator Good day.

Genius Sports Limited (GENI) Q4 2022 Earnings Call Transcript

Genius Sports Limited (GENI) delivered earnings and revenue surprises of -63.64% and 0.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Genius Sports Limited (GENI) Reports Q4 Loss, Lags Revenue Estimates

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 fourth quarter and full year ended December 31, 2022.

Genius Sports Exceeds Group Revenue and Adj. EBITDA Outlook in 2022 and Reaffirms Expectations for over 150% Adj.

NEW YORK & LONDON--(BUSINESS WIRE)--Second Spectrum, a Genius Sports Limited company (“Genius Sports”) (NYSE:GENI) and the National Basketball Association (NBA) today announced a multi-year partnership expansion naming Second Spectrum an Official NBA League Pass Augmentation Provider and an Official NBA Team Basketball Analytics Provider.

NBA and Genius Sports / Second Spectrum Expand Partnership to Deepen NBA League Pass Innovations With Enhanced Basketball Analytics and Develop New Next Gen Platform

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE:GENI) (“Genius” or “GSL”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces two new appointments to the Genius Board of Directors (“Board”), effective from 8 March 2023. Kenneth J.

Genius Sports Announces New Board Appointments: Industry Veteran Ken Kay Named as Independent Director and Audit Committee Chair, and Caledonia's Michael Messara Named as Independent Board Observer

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced that it will release its fourth quarter and full year 2022 results before 8:00AM ET on Friday, March 10, 2023. At 8:00AM ET on the same day, Genius will host a conference call to discuss the results. Genius' earnings press release and related materials will be available at investors.geniussports.com.

Genius Sports to Announce Fourth Quarter and Full Year 2022 Results on March 10

ARLINGTON, Texas & LONDON--(BUSINESS WIRE)--The XFL announced today that Genius Sports Limited (“Genius Sports”) (NYSE:GENI), has been named the Official Betting Data Distribution Partner and Free-to-Play Provider of the League. Genius Sports has been granted the exclusive rights to distribute official data from every XFL game to its global network of media and betting partners.

XFL and Genius Sports Strike Official Data Distribution and Fan Engagement Partnership

NEW YORK & LONDON--( BUSINESS WIRE )--Genius Sports Limited (NYSE:GENI) (“Genius Sports”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been temporarily certified by the Massachusetts Gaming Commission as a licensed sports wagering vendor. The temporary certificate of authority is valid for an initial 12 months pending final full authorization.

Massachusetts Gaming Commission Awards Genius Sports Initial Temporary Sports Betting Vendor License

Genius Sports Limited (GENI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Genius Sports Limited (GENI): Can Its 5.6% Jump Turn into More Strength?

LONDON & NEW YORK--( BUSINESS WIRE )--Genius Sports Limited (NYSE:GENI) (“Genius” or the “Company”) announced today the successful completion of its previously announced offer to exercise and solicitation of consents relating to the Company's outstanding warrants. With the completion of the offer to exercise and consent solicitation, the Company will eliminate all of its public warrants, providing investors and prospective investors with greater certainty as to the Company's capital structure and offering the Company greater financial flexibility moving forward. The offer to exercise and consent solicitation expired at 11:59 p.m., Eastern Time, on January 19, 2023 (the “expiration date”).

Genius Sports Limited Announces Successful Completion of Exercise and Consent Solicitation Relating to its Warrants

TORONTO & NEW YORK--( BUSINESS WIRE )--TSN, Canada's sports leader, and Genius Sports Limited (“Genius Sports”) (NYSE:GENI) have struck a new agreement to deliver cutting-edge broadcasts of NFL games on the newly launched TSN+ streaming product. As the official data partner of the NFL, Genius Sports will power ground-breaking, augmented broadcasts throughout the upcoming NFL Playoffs and Super Bowl LVII, delivering a revolutionary experience for NFL fans on TSN+.

TSN and Genius Sports Partner to Deliver Inaugural Augmented NFL Playoff and Super Bowl Feeds on TSN+

LONDON & NEW YORK--( BUSINESS WIRE )--Genius Sports Limited (NYSE:GENI) (“Genius” or the “Company”) announced today the Reduced Exercise Price and Automatic Exercise Price (each as defined below) in connection with its previously announced offer to exercise, and solicitation of consents relating to, the Company's outstanding warrants.

Genius Sports Limited Announces the Reduced Exercise Price in the Previously Announced Consent Solicitation

NEW YORK & LONDON--( BUSINESS WIRE )--Genius Sports (NYSE:GENI) and SoftConstruct have agreed a settlement to resolve their legal dispute. As part of this settlement SoftConstruct have agreed to purchase a multi-year license to supply Genius' market-leading data via its BetConstruct and FeedConstruct channels, with such license acknowledging Genius's ownership of database rights.

Genius Sports Statement Following Settlement of Litigation with SoftConstruct

LONDON & NEW YORK--( BUSINESS WIRE )--Genius Sports Limited (NYSE: GENI) (“Genius” or the “Company”) today announced that it has filed an amended Registration Statement on Form F-4 regarding the amended terms of its previously announced solicitation of consents (the “Consent Solicitation”) to amend certain terms and mechanics related to exercises of warrants in connection with the Consent Solicitation (the “Warrant Amendment”). As previously announced on December 16, 2022, the Company extended the Expiration Date from 11:59 p.m. Eastern Time on December 16, 2022 until 11:59 p.m. Eastern Time on January 19, 2023.

Genius Sports Limited Announces Filing of Amended Registration Statement on Form F-4 Regarding Certain Amendments to its Previously Announced Warrant Consent Solicitation

NEW YORK & LONDON--( BUSINESS WIRE )--Genius Sports Limited (NYSE:GENI) (“Genius Sports”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been granted a Sports Gaming Supplier License by the state of Ohio, Casino Control Commission.

Genius Sports Awarded Ohio Sports Gaming Supplier License

LONDON & NEW YORK--( BUSINESS WIRE )--Genius Sports Limited (NYSE: GENI) (“Genius” or the “Company”) today announced the extension of its previously-announced solicitation of consents (the “Consent Solicitation”) from holders of the Company's outstanding warrants. The Expiration Date of the Consent Solicitation will be extended from 11:59 p.m., Eastern Time, on December 16, 2022, to 11:59 p.m., Eastern Time, on January 19, 2023, or such later time and date to which the Company may further extend (the “Expiration Date”).

Genius Sports Limited Announces Extension of Consent Solicitation Relating to Warrants

Caesars Entertainment

NEW YORK & LONDON--( BUSINESS WIRE )--The National Football League (“NFL”) and Genius Sports Limited (“Genius Sports”) (NYSE: GENI), today announced an expansion of their partnership to connect fans with live, select NFL games through major U.S. sports betting platforms. As part of this expanded agreement and as an added benefit of its standing as an Official Sports Betting Partner and the first Official Casino Sponsor of the NFL, Caesars Entertainment (“Caesars”) (NASDAQ: CZR), one of the largest casino-entertainment companies in the United States, will become the first sportsbook operator to provide its U.S. customers with live Watch & Bet video streams for select NFL games on their mobile phones or tablets via the Caesars Sportsbook app.

Genius Sports Expands Partnership with NFL to Provide Watch & Bet Video Streams For the 2022 Season, Starting with Caesars Entertainment

The global sports betting industry is rapidly growing. GENI is a leading player within the industry.

Genius Sports: Indirect Bet On The Growth Of Global Sports Betting Industry

NEW YORK & LONDON--( BUSINESS WIRE )--The National Football League (“NFL”) and Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced new licensing agreements with three sportsbooks to distribute live video streams of NFL matches to their customers in Canada.

Genius Sports Strikes ‘Watch & Bet' Partnerships for NFL Video Streams in Canada with Three Approved Sportsbooks

LONDON & NEW YORK--( BUSINESS WIRE )--Genius Sports Limited (NYSE: GENI) (“Genius” or the “Company”) today announced that it has commenced a solicitation of consents (the “Consent Solicitation”) from holders of the Company's outstanding warrants as of November 16, 2022 to amend the Exercise Period in its Warrant Agreement so the warrants will expire on January 18, 2023, instead of on April 20, 2026 (such amendment, the “Warrant Amendment”).

Genius Sports Limited Announces Commencement of Consent Solicitation Relating to Warrants

Genius Sports Limited (NYSE:GENI ) Q3 2022 Earnings Conference Call November 10, 2022 8:00 AM ET Company Participants Brandon Bukstel - IR Mark Locke - Co-Founder and CEO Nick Taylor - CFO Jack Davison - Chief Commercial Officer Conference Call Participants Bernie McTernan - Needham Jason Bazinet - Citi Robin Farley - UBS Ryan Sigdahl - Craig-Hallum Capital Group Jed Kelly - Oppenheimer David Bain - B. Riley Securities Mike Hickey - The Benchmark Company Operator Good morning.

Genius Sports Limited (GENI) Q3 2022 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, 2022.

Genius Sports Reports Group Revenue and Adj. EBITDA Ahead of Guidance Through First Three Quarters of 2022

LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced that it will release its third quarter 2022 results before 8:00AM EDT on Thursday, November 10, 2022.

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