Partners with DAZN to distribute exclusive global betting dataST. GALLEN, Switzerland and LONDON, June 12, 2025 (GLOBE NEWSWIRE) -- Strengthening its leading global soccer offering, Sportradar Group AG (NASDAQ: SRAD) and DAZN today announced a partnership to secure exclusive rights to distribute ultra-low latency betting data, as well as non-exclusive media content, from the FIFA Club World Cup 2025, held June 14 through July 13, in the U.S. and broadcast globally by DAZN. Through this agreement, Sportradar ...

Sportradar Group (SRAD) Q1 2025 Earnings Call May 12, 2025 08:30 AM ET Company Participants Jim Bombassei - Senior Vice President of Investor Relations & Corporate FinanceCarsten Koerl - Founder, CEO & DirectorCraig Felenstein - Chief Financial OfficerRobin Farley - Managing DirectorDavid Katz - Managing DirectorClark Lampen - Managing DirectorSamuel Nielsen - Equity Research Associate Conference Call Participants Ryan Sigdahl - Partner & Senior Research AnalystJason Tilchen - Director & Senior Equity resea ...

Sportradar Group (SRAD) Q1 2025 Earnings Call May 12, 2025 08:30 AM ET Speaker0 and thank you for standing by. Welcome to the SportsRadar First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Jim Bombesci, SVP and Head of Investor Relations. ...

Group 1: Earnings Performance - Sportradar Group AG reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, compared to break-even earnings per share a year ago, representing an earnings surprise of 40% [1] - The company posted revenues of $327.4 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 6.70%, while year-ago revenues were $288.69 million [2] - Over the last four quarters, Sportradar has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Sportradar Group shares have increased approximately 33% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The sustainability of the stock's immediate price movement will depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $353.95 million, and for the current fiscal year, it is $0.30 on revenues of $1.39 billion [7] Group 3: Industry Context - The Leisure and Recreation Products industry, to which Sportradar belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5][6]

Q1 2025 EARNINGS | May 12, 2025 DISCLAIMER Certain statements in this presentation may constitute "forward-looking" statements and information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events, including, without limitation, statements regarding future financial or operating performanc ...

Core Viewpoint - Sportradar Group AG announced a secondary public offering of 23,000,000 Class A ordinary shares at a price of $22.50 per share, with no proceeds going to the company [1][2] Group 1: Secondary Offering Details - The secondary offering is being conducted by selling shareholders including Canada Pension Plan Investment Board, TCV, and the CEO Carsten Koerl [1] - Underwriters have a 30-day option to purchase an additional 3,450,000 Class A ordinary shares [1] - The offering is expected to close on April 25, 2025 [2] Group 2: Share Repurchase - Concurrently, Sportradar will repurchase 3,000,000 Class A ordinary shares at the same price as the secondary offering, funded by cash on hand [2] - This repurchase is part of an existing $200 million share repurchase program [2] Group 3: Underwriters - Goldman Sachs & Co. LLC and J.P. Morgan are the lead book-running managers for the secondary offering [3] - Other joint book-running managers include Citigroup, Morgan Stanley, UBS Investment Bank, Jefferies, and Deutsche Bank Securities [3] Group 4: Regulatory Filings - Sportradar has filed a shelf registration statement with the SEC for the secondary offering, which became effective upon filing on April 22, 2025 [4] - A preliminary prospectus supplement has been filed, with additional documents to be made available [4] Group 5: Company Overview - Sportradar, founded in 2001, is a leading global sports technology company that provides solutions for sports federations, media, and betting operators [9] - The company covers nearly a million events annually across major sports and partners with organizations like the ATP, NBA, and FIFA [9]

Core Viewpoint - Sportradar Group AG announced preliminary unaudited financial results for the first quarter ended March 31, 2025, with a full earnings call scheduled for May 12, 2025 [1][2]. Financial Performance - Revenue is projected to be approximately €307 million to €311 million [6]. - Profit for the period is estimated to be between €20 million and €24 million [6]. - Adjusted EBITDA is expected to range from approximately €56 million to €58 million [6]. Financial Reconciliation - The reconciliation of profit for the period from continuing operations to Adjusted EBITDA shows a profit range of €20,000 to €24,000 thousand [5]. - Key components affecting Adjusted EBITDA include finance income, finance costs, depreciation, foreign currency losses, and share-based compensation [7][12]. Company Overview - Sportradar, founded in 2001, is a leading global sports technology company that creates immersive experiences for sports fans and bettors [15]. - The company operates at the intersection of sports, media, and betting, providing solutions to sports federations, media, consumer platforms, and betting operators [15][16]. - Sportradar covers close to a million events annually across all major sports and has partnerships with organizations like ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga [16].

Core Viewpoint - Sportradar Group AG announced a proposed secondary public offering of 23,000,000 Class A ordinary shares by certain selling shareholders, with no proceeds going to the company from this offering [1][4]. Group 1: Secondary Offering Details - The secondary offering includes a 30-day option for underwriters to purchase an additional 3,450,000 Class A ordinary shares [1]. - Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint book-running managers for the secondary offering [3]. - The company has filed a shelf registration statement with the SEC, which became effective upon filing on April 22, 2025 [4]. Group 2: Share Repurchase Program - Sportradar has authorized a concurrent purchase of 3,000,000 Class A ordinary shares from the underwriters, with a maximum funding of $75 million, as part of its existing $200 million share repurchase program [2]. - The share repurchase will be funded with cash on hand, and underwriters will not receive any fees for the shares being repurchased by the company [2]. Group 3: Company Overview - Sportradar Group AG, founded in 2001, is a leading global sports technology company that provides solutions for sports federations, media, consumer platforms, and sports betting operators [9]. - The company covers close to a million events annually across major sports and has partnerships with organizations like ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga [9].

Company Performance - Oriental Land (OLCLY) has returned approximately 3% year-to-date, outperforming the average loss of 11.1% in the Consumer Discretionary sector [4] - The Zacks Consensus Estimate for OLCLY's full-year earnings has increased by 16.3% over the past quarter, indicating improving analyst sentiment [3] - Oriental Land is currently ranked 2 (Buy) in the Zacks Rank system, which emphasizes earnings estimates and revisions [3] Industry Context - Oriental Land belongs to the Hotels and Motels industry, which includes 13 individual stocks and is currently ranked 152 in the Zacks Industry Rank [5] - The average performance of stocks in the Hotels and Motels industry has seen a decline of 19.8% this year, highlighting Oriental Land's relative strength [5] - In comparison, Sportradar Group AG, another outperforming stock in the Consumer Discretionary sector, is part of the Leisure and Recreation Products industry, which is ranked 181 and has declined by 8.1% this year [6]

Group 1 - Sportradar Group's shares have experienced a significant decline of up to 73% from their post-IPO highs in 2021, but are now trading close to those highs again after a period of stagnation [1] Group 2 - The article emphasizes the importance of a value-oriented approach to investment, suggesting that valuation is more indicative of long-term opportunities or risks rather than short- to mid-term timing [1]