Genius Sports has reported better-than-expected results for the first quarter of 2024 as revenue increased by 23 per cent to $119.7 million.
Revenue in the first quarter exceeded the company’s guidance of $117 million, with revenue from Betting Technology, Content & Services up 14 per cent at $73.9 million, driven by new customer acquisitions and price increases on contract renewals and renegotiations.
Media Technology, Content & Services revenue rose 63 per cent to $35.5 million, driven by [...]