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Sportradar Group AG (SRAD) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 14:56
Sportradar Group AG (SRAD) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 500%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the compa ...
Sportradar Reports Third Quarter 2024 Financial Results and Further Raises Full Year 2024 Outlook
GlobeNewswire News Room· 2024-11-07 12:00
Third Quarter 2024 Highlights Revenue increased 27% to €255 millionProfit for the period increased €33 million to €37 million and expanded to 14.5% as a percentage of revenueAdjusted EBITDA1 increased 30% to €66 million and Adjusted EBITDA margin1 expanded to 25.8%Net cash generated from operating activities increased 55% to €118 million and Free cash flow1 increased 192% to €62 millionCustomer Net Retention Rate1 increased to 126%Repurchased $8.3 million of sharesFurther raised full year guidance to revenu ...
AS vs. SRAD: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-10-25 16:41
Investors interested in stocks from the Leisure and Recreation Products sector have probably already heard of Amer Sports, Inc. (AS) and Sportradar Group AG (SRAD) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank ...
Sportradar Deepens Official Partnership with NBA with Launch of Innovative, Value-Add Fan Engagement Solutions
GlobeNewswire News Room· 2024-10-22 13:00
NEW YORK and ST. GALLEN, Switzerland, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) is enhancing its partnership with the NBA this season through the introduction of a suite of innovative fan engagement solutions fuelling the passion of the league’s two billion global fans. These products represent the next phase in the evolution of basketball consumption benefitting not only the NBA but also operators and media partners looking to capitalize on the excitement surrounding one of the world’s mo ...
Sportradar to Release Third Quarter Financial and Operating Results on November 7, 2024
GlobeNewswire News Room· 2024-10-16 20:05
ST. GALLEN, Switzerland, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) ("Sportradar") will release its financial and operating results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. Eastern time on Thursday, November 7, 2024. Those wishing to either listen to, or participate in, the earnings webcast can do so by accessing Sportradar's Investor Relations website at ...
Sportradar's Growth Runway Is Undervalued (Rating Upgrade)
Seeking Alpha· 2024-10-02 22:04
Sportradar Group AG (NASDAQ: SRAD ), the sports data service provider for sports betting and media that works mostly under the Betradar brand, has continued the company's growth story with good reach to growing markets and companies. With the technology stack I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securitie ...
Sportradar Drives Betting Innovation with Micro Markets Expansion
GlobeNewswire News Room· 2024-09-19 07:00
ST. GALLEN, Switzerland, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) is set to further transform the betting landscape with the launch of micro markets, the next generation of in-play betting products, across leading sports, opening fresh revenue streams for operators. In a strategic move, Sportradar, in collaboration with Tennis Data Innovations (TDI), is introducing micro markets for ATP tennis matches this October. This exclusive partnership marks yet another step in offering bettors mor ...
Sportradar Announces Upcoming Investor Conference Participation Schedule
GlobeNewswire News Room· 2024-08-27 12:00
ST. GALLEN, Switzerland, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) ("Sportradar"), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, will participate in the following investor conferences in September: Benchmark's Tech, Media & Telecom Conference on September 4, 2024 BofA's Gaming and Lodging Conference on September 5, 2024 Citi's Global TMT Conference on September 6, 2024 BTIG Digital GameDay on September 10, 2024 Sp ...
Sportradar AG(SRAD) - 2024 Q2 - Earnings Call Transcript
2024-08-13 17:35
Sportradar Group AG (NASDAQ:SRAD) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Jim Bombassei - Senior Vice President, Investor Relations Carsten Koerl - Chief Executive Officer Craig Felenstein - Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Michael Graham - Canaccord Bernie McTernan - Needham Robin Farley - UBS David Katz - Jefferies Jason Bazinet - Citi Michael Hickey - The Benchmark Company Jordan Bender - Citizens JMP Samuel Nielsen ...
Sportradar AG(SRAD) - 2024 Q2 - Earnings Call Presentation
2024-08-13 16:46
| --- | --- | --- | --- | --- | --- | |--------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | Q2 2024 EARNINGS PRESENTATION | | | | | | | \| August 13, 2024 | | | | | | 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 Liti ...