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X @CoinMarketCap
CoinMarketCap· 2026-02-14 21:00
Want the full breakdown on Super Bowl trading, regulatory shifts and institutional expansion?Stay informed, stay ahead:https://t.co/JOEVVLwlf97/7 ...
Sportradar Raised Earnings Outlook but Lost a Holder in an $8.7 Million Fourth-Quarter Exit
Yahoo Finance· 2026-02-03 13:41
Company Overview - Sportradar Group AG operates as a leading provider of sports data and analytics, supporting the global sports betting and media ecosystem, leveraging advanced technology and proprietary data to deliver integrated solutions [6] - As of February 2, the company's market capitalization is $5.48 billion, with a revenue of $1.23 billion and a net income of $94.83 million [4] Financial Performance - In the third quarter, Sportradar reported a revenue increase of 14% year over year to €292 million, with adjusted EBITDA rising 29% to €85 million, achieving record margins of 29% [10] - The company generated €115 million in operating cash flow for the quarter and has no debt on its balance sheet [10] - Management raised its full-year 2025 outlook, projecting at least €1.29 billion in revenue and €290 million in adjusted EBITDA, alongside a $300 million share repurchase authorization [11] Stock Performance - As of February 2, shares of Sportradar were priced at $18.24, reflecting a 12.2% decline over the past year and underperforming the S&P 500 by 28.55 percentage points [3] - Wilson Asset Management sold its entire holding of 322,342 shares in Sportradar for an estimated $8.67 million, indicating a complete divestment during the fourth quarter [2] Market Position - Sportradar provides sports data, analytics, and live streaming services for betting operators, sports leagues, and media companies worldwide, generating revenue through licensing proprietary data feeds and offering software solutions [9] - The company serves a diverse clientele, including bookmakers, online gaming operators, sports federations, and media organizations [9] Strategic Focus - Sportradar's strategic focus on comprehensive data coverage and robust software platforms positions it as a key infrastructure provider in the rapidly evolving sports technology sector [6] - Despite strong financial metrics, the company remains exposed to sentiment around sports betting growth, regulatory shifts, and investor patience, which may have influenced Wilson Asset Management's decision to exit [12]
X @Wu Blockchain
Wu Blockchain· 2025-12-18 06:41
Cointelegraph reported that Jito Foundation, the nonprofit behind Solana MEV infrastructure project Jito, said it will "return to the U.S." Jito Labs CEO Lucas Bruder cited regulatory shifts such as the passage of the GENIUS Act and Congress advancing crypto market structure legislation as key reasons for moving back to the United States. https://t.co/szZhQMlUVQ ...