Genius Sports Expects To Expand Group Adj. EBITDA Margins From 5% In 2022 To 13% In 2023
Portfolio Pulse from Benzinga Newsdesk
Genius Sports has projected an expansion in its group adjusted EBITDA margins from 5% in 2022 to 13% in 2023.
August 07, 2023 | 11:02 am
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Genius Sports expects its group adjusted EBITDA margins to grow from 5% in 2022 to 13% in 2023.
The projected increase in Genius Sports' EBITDA margins indicates an expected improvement in profitability. This could positively impact the company's stock price in the short term as it signals stronger financial performance.
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