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Genius Sports Limited - GENI STOCK NEWS

Welcome to our dedicated page for Genius Sports news (Ticker: GENI), a resource for investors and traders seeking the latest updates and insights on Genius Sports stock.

Genius Sports Limited (GENI) is a London-headquartered company at the forefront of sports technology, established in 2001. With offices spanning across New York, Singapore, Tallinn, and more, Genius Sports is a global powerhouse in the sports, betting, and media industries. The company specializes in providing scalable, technology-driven products and services, which are essential for data collection, management, and utilization in sports.

Genius Sports operates through three key product areas: Sports Technology and Services, Betting Technology, Content and Services, and Media Technology, Content and Services. Their products leverage proprietary technology and a robust data infrastructure, making them a preferred partner for sports leagues, sportsbooks, and media brands worldwide.

The company's technology enhances fan engagement by delivering real-time, accurate data that power interactive and immersive experiences. Notably, the majority of their revenue is generated from the Betting Technology, Content and Services division, with Europe being their primary market. Recent achievements include expanding their partnership network, enhancing their technological capabilities, and increasing their footprint in key markets.

For clubs and leagues, Genius Sports offers advanced tools to capture and manage data, which is vital for improving operational efficiency and fan engagement. Sportsbooks benefit from their comprehensive suite of betting technology solutions that ensure reliable, real-time data delivery, crucial for live betting operations. Media partners utilize Genius Sports' data to create compelling content that captivates and retains audiences.

Overall, Genius Sports Limited stands out for its ability to transform raw sports data into valuable insights and interactive experiences, making it a significant player in the global sports ecosystem.

Rhea-AI Summary
Genius Sports Limited (GENI) reported strong financial results for Q4 2023 and full year 2023, with revenue exceeding guidance and significant growth in Adjusted EBITDA. The company expects continued growth in 2024, with positive cash flow anticipated throughout the year.
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Genius Sports Limited (GENI) to release fourth quarter and full year 2023 results on March 6, 2024. Conference call scheduled to discuss earnings.
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Genius Sports Limited has introduced Edge, an automated pricing tool for sportsbooks to maximize profits across various sports events and bets. Unlike traditional risk management solutions, Edge recalculates odds in real-time to optimize profitability, resulting in an 18% increase in margins for early adopters.
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Genius Sports Limited (GENI) has expanded its partnership with FIBA, the world governing body of basketball, to deliver AI-powered technology for data collection, live video production, and player tracking. This 10-year agreement aims to transform the data and video ecosystem of international basketball, providing a unified, connected solution for Leagues and National Federations worldwide.
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Genius Sports (GENI) launches FanHub ID, a privacy-compliant solution using proprietary data signals to build fan-based profiles, empowering marketers and content owners to reach and measure engaged sports audiences at scale. The new technology revolutionizes sports advertising and marketing, offering a single, unified profile for millions of sports fans, enabling brands to run relevant ad campaigns based on individual interactions and preferences.
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Genius Sports Limited (NYSE:GENI) to participate in seven upcoming investor conferences, including Craig-Hallum’s 14th Annual Alpha Select Conference, Needham’s 3rd Annual Consumer Tech / E-Commerce Virtual Conference, UBS Global Technology Conference, Craig-Hallum’s 3rd Annual Online Gaming Conference, UBS Global Media and Communications Conference, ICR Conference, and Needham’s 26th Annual Growth Conference. Nick Taylor, Genius Sports CFO, will participate in a breakout session at the Needham conference. Live webcast and replay of each session available at investors.geniussports.com.
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Genius Sports Limited (NYSE: GENI) expands partnership with FanDuel Group to deliver BetVision streaming solution for live NFL games. The agreement includes access to NFL Official League Data and Next Gen Stats, enhancing the live betting experience for FanDuel customers. BetVision features integrated odds, real-game stats, and graphic overlays within a single video stream, driving engagement and in-game wagers.
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Genius Sports Limited (NYSE:GENI) reported a 29% year-on-year growth in group revenue, surpassing third-quarter guidance, with a net loss of ($12m) and Group Adj. EBITDA of $18m. The company raised its 2023 Group Revenue and Adj. EBITDA guidance to $412m and $53m, respectively, and expects positive free-cash-flow in the second half of 2023.
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Genius Sports Limited will release its third quarter 2023 results on November 13, 2023. A conference call will be held to discuss the results.
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SportsCastr Inc. files complaints against Sportradar and Genius Sports for patent infringement.
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FAQ

What is the current stock price of Genius Sports (GENI)?

The current stock price of Genius Sports (GENI) is $8.92 as of November 21, 2024.

What is the market cap of Genius Sports (GENI)?

The market cap of Genius Sports (GENI) is approximately 1.9B.

What does Genius Sports Limited do?

Genius Sports Limited provides technology-driven products and services for the sports, sports betting, and sports media industries, focusing on data collection, management, and utilization.

Where is Genius Sports Limited headquartered?

Genius Sports Limited is headquartered in London, UK.

When was Genius Sports Limited founded?

Genius Sports Limited was founded in 2001.

What are the main product areas of Genius Sports Limited?

The main product areas are Sports Technology and Services, Betting Technology, Content and Services, and Media Technology, Content and Services.

What industries does Genius Sports Limited serve?

Genius Sports Limited serves the sports, sports betting, and sports media industries.

Where does Genius Sports Limited generate most of its revenue?

Genius Sports Limited generates most of its revenue from its Betting Technology, Content and Services division, primarily in Europe.

How does Genius Sports Limited enhance fan engagement?

Genius Sports Limited enhances fan engagement by providing real-time, accurate data that powers interactive and immersive experiences.

What kind of technology does Genius Sports Limited use?

Genius Sports Limited uses proprietary technology and a robust data infrastructure to power its products and services.

What kind of partnerships does Genius Sports Limited have?

Genius Sports Limited partners with sports leagues, sportsbooks, and media brands to enhance their operations and engagement through data and technology.

What markets does Genius Sports Limited operate in?

Genius Sports Limited operates globally with a significant presence in Europe, North America, Asia, and other major markets.

Genius Sports Limited

NYSE:GENI

GENI Rankings

GENI Stock Data

1.92B
186.14M
11.77%
84.37%
11.58%
Internet Content & Information
Communication Services
Link
United States of America
London