Genius Sports Group (GENI) Reports In-Line Q2 EPS, beats revenue, provided outlook

Genius Sports Group (NYSE: GENI) reported Q2 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $86.85 million versus the consensus estimate of $80.57 million.

Financial Outlook

Genius expects to generate Group Revenue of approximately $410 million and Group Adjusted EBITDA of approximately $52 million in 2023. The Company also expects to reach an important inflection point as it begins generating sustainable free-cash-flow in the second half of 2023 and beyond.

For earnings history and earnings-related data on Genius Sports Group (GENI) click here.

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