Genius Sports Raises 2023 Group Revenue To $410M From Prior Guidance Of $400M; Consensus $401.95M
Portfolio Pulse from Benzinga Newsdesk
Genius Sports has increased its 2023 group revenue forecast to $410M, up from the previous guidance of $400M. The new projection surpasses the consensus estimate of $401.95M.
August 07, 2023 | 11:04 am
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POSITIVE IMPACT
Genius Sports' raised revenue forecast for 2023 could potentially boost investor confidence and positively impact its stock price.
Genius Sports has raised its 2023 revenue forecast to $410M, which is higher than the consensus estimate. This indicates strong future performance and could potentially boost investor confidence, leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100