Genius Sports Q2 EPS $(0.05) Misses $(0.04) Estimate, Sales $86.85M Beat $80.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Genius Sports (NYSE:GENI) reported Q2 losses of $(0.05) per share, missing the analyst consensus estimate of $(0.04) by 25 percent. However, the company's quarterly sales of $86.85 million beat the analyst consensus estimate of $80.15 million by 8.36 percent.
August 07, 2023 | 11:01 am
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NEUTRAL IMPACT
Genius Sports reported a larger than expected loss but higher than expected sales for Q2.
The company's larger than expected loss may negatively impact the stock price, but this could be offset by the higher than expected sales. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100