Sportradar Aktie News

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ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar”) will release its financial and operating results for the first quarter ended March 31, 2024 on Wednesday, May 15, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. ET on Wednesday, May 15, 2024.

Sportradar's Q4 results were highlighted by strong margins and earnings momentum.

Sportradar is a "picks and shovels" play in the sports betting industry. The company generated positive free cash flows and profitability in 2023.

PRAGUE, Czech Republic and ST. GALLEN, Switzerland, March 28, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) and Oddin.gg, an award-winning B2B betting-solutions provider for esports, today announced they have entered into a multi-year strategic partnership to offer audiovisual streaming of Oddin's exclusive esports content to Sportradar's betting operator clients around the world.

Sportradar delivered better-than-expected revenue and earnings to end 2024. The company also announced a new $200 million stock-repurchase authorization and solid forward guidance.

Sportradar Group AG (SRAD) Q4 2023 Earnings Call Transcript

Delivered record results, growing revenue 20% and Adjusted EBITDA 33% for fiscal 2023 Targeting strong outlook in 2024 of at least 20% growth in revenue and Adjusted EBITDA Authorizes $200 million Share Repurchase Program