Industry News
Genius Sports Reports First Quarter 2022 Results

Genius Sports has announced the financial results for its fiscal 2022 first quarter ended March 31, 2022.
Highlights
- Delivered Group Revenue of $85.9m, outperforming first quarter outlook by 10%.
- Group Adjusted EBITDA of ($2.9m), exceeding first quarter outlook by 42%.
- Reaffirmed 2022 Group Revenue and Group Adjusted EBITDA outlook of $340m and $15m, respectively, and 2023 outlook of $430m to $440m and $40m to $50m, respectively.
“Our strong first quarter is a result of successful execution. We began 2022 with a comprehensive Investor Day, outlining our strategic plan and underlying assumptions supporting our financial outlook. Our financial and operational achievements in the quarter demonstrate our ability to deliver on that plan and increase our competitive advantages through unique and proven technology,” Mark Locke, Co-Founder and CEO of Genius Sports, said.
-
Latest News3 days ago
PIN-UP Global Transforms into the RedCore Business Group
-
Latest News6 days ago
BitStarz Casino Review 2025: The Leading Crypto & Bitcoin Casino With Instant Withdrawal, Fast Payout & Latest Bonuses!
-
Latest News6 days ago
EGT Digital’s games are available to Bangbet’s customers in Tanzania
-
eSports6 days ago
NODWIN Gaming and JioStar unveiling BGMS Season 4 with OnePlus as Title Partner and Android as Co-Title Partner
-
Interviews6 days ago
Scale isn’t everything: Why agility is the new advantage in live casino
-
eSports6 days ago
The MongolZ Lift the Counter-Strike 2 at Esports World Cup Trophy, as Hero Run Ends in Title Triumph
-
Latest News6 days ago
BC.GAME Strengthens African Strategy with Dual Regulatory Approval in Kenya
-
Asia5 days ago
ED Arrests Karnataka MLA Veerendra “Puppy” in Illegal Betting Case