Shares in Genius Sports gained over 17 per cent on Tuesday after the company reported better-than-expected results for the third quarter of 2024.
Group revenue reached $120.2 million in the third quarter, up from $101.7 million a year ago, driven by strong growth in Betting Technology, Content & Services.
The Betting segment grew revenue by 29.9 per cent to $85.6 million, which offset a 3.5 per cent fall in Media Technology, Content & Services revenue to $22.1 [...]