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 ...

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 ...

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 ...

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 Group AG (SRAD) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.03. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced break-even earnings, delivering a surprise of -100%. Over the last four quarters, the company has sur ...

Achieved Record Revenue of €278 Million, Up 29% Year-over-Year Generated Strong Cash Flow from Operating Activities Further Raising 2024 Outlook for Revenue and Adjusted EBITDA ST. GALLEN, Switzerland, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) ("Sportradar" or the "Company"), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced financial results for its second quarter ended June 30, 2024. Carsten Koerl, C ...

ST. GALLEN, Switzerland, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) ("Sportradar" or the "Company"), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Craig Felenstein, the Company's Chief Financial Officer, will participate in Canaccord Genuity's 44th Annual Growth Conference on Wednesday August 14, 2024. The fireside chat will take place at 1:30 pm eastern time and will be webcast live at investor ...

Company Overview - Sportradar Group AG is a leading global sports technology company founded in 2001, providing solutions for sports federations, media, consumer platforms, and betting operators [1] - The company 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 [1] - Sportradar also focuses on safeguarding sports through its Integrity Services division, promoting an integrity-driven environment [1] Upcoming Financial Results - Sportradar will release its financial and operating results for the second quarter ended June 30, 2024, on August 13, 2024 [2] - An earnings call via webcast will be hosted at 8:30 am Eastern time on the same day to discuss the results [2] Investor Relations - Interested parties can access the earnings webcast through Sportradar's Investor Relations website, with a replay available for one year after the event [3]

Core Insights - Sportradar Group AG will release its financial and operating results for Q2 2024 on August 13, 2024, and will host an earnings call at 8:30 am Eastern time on the same day [1]. Company Overview - Sportradar Group AG, founded in 2001, is a leading global sports technology company that creates immersive experiences for sports fans and bettors [4]. - The company operates at the intersection of sports, media, and betting industries, providing a range of solutions to sports federations, news media, consumer platforms, and sports betting operators [4]. - Sportradar covers nearly one million events annually across all major sports and has partnerships with organizations such as ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga [4]. - The company also emphasizes safeguarding sports through its Integrity Services division, advocating for an integrity-driven environment [4].

UEFA and Sportradar will also extend their long-standing integrity partnership of 15 years. To support UEFA's Anti Match-Fixing Unit, the cooperation includes dedicated intelligence and investigation resources, robust and systematic bet monitoring, and education services to support the prevention, detection and investigation of match-fixing. For more information about Sportradar, please visit www.sportradar.com The agreement covers all UEFA Club and National team competitions. These include the UEFA Champio ...