Sportradar Gr Q2 Sales $235.86M Miss $242.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sportradar Gr (NASDAQ:SRAD) reported Q2 sales of $235.86 million, missing the analyst consensus estimate of $242.70 million by 2.82 percent. However, this represents a 26.81 percent increase over sales of $186.00 million in the same period last year.

August 09, 2023 | 11:03 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Sportradar Gr's Q2 sales missed the analyst consensus estimate by 2.82%, but showed a 26.81% YoY increase.
Sportradar Gr's Q2 sales missed the analyst consensus estimate, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the YoY sales growth might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100