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Genius Sports (NYSE: GENI), a global leader in real-time sports data and technology, and TelevisaUnivision, the world's leading Spanish-language media company,
NEW YORK--(BUSINESS WIRE)--Genius Sports (NYSE: GENI), a global leader in real-time sports data and technology, and TelevisaUnivision, the world's leading Spanish-language media company, will enhance live broadcasts of Liga MX for the first time with the launch of visual augmentations, in-game data and premium new sponsorship inventory. The AI-powered capability gives fans insights into dynamic in-game outcomes, player milestones and win probabilities, integrated into live broadcasts of Liga MX.
Amazon trades at a 9x valuation discount to DraftKings, but profitability and cash generation tell starkly different stories.
NEW YORK--(BUSINESS WIRE)--Genius Sports (NYSE: GENI), a global leader in real-time sports data and technology, today released The Companion Screen: A New Era of Sports Consumption and Advertising, new research revealing how the relationship between television and mobile is reshaping sports advertising. Marketers have traditionally approached television and mobile as separate environments that accompany different media strategies, ad creative and measurement. However, sports fans do not experie.
Genius Sports posted a second strong quarter result, beating its own estimates for revenue and adjusted EBITDA. Revenue and adjusted Ebitda grew consistently over the past 54 years. Management has guided revenue to be around $1.005–$1.025 billion, while adjusted EBITDA to be in the 285–$295 million range. The company's balance sheet is a leveraged one now, due to the Legend buy-out.
Genius Sports Limited (NYSE: GENI - Get Free Report)'s share price traded up 3.9% during trading on Friday. The stock traded as high as $8.29 and last traded at $8.27. 415,899 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 6,265,829 shares. The stock had previously closed at
Genius Sports NYSE: GENI reported second-quarter revenue of $196 million, up 65% from a year earlier and above its prior outlook, as growth in betting and media was bolstered by the May 1 addition of Legend.
They were encouraged by a very convincing beat on revenue and raised guidance. Genius Sports is operating at a time of mushrooming popularity for legalized sports wagering and prediction markets.