Genius Sports Sees Q4 Revenue $126M Vs. $126.48M Est. And Adj. EBITDA $11M
Portfolio Pulse from Benzinga Newsdesk
Genius Sports reported Q4 revenue of $126M, slightly below the estimated $126.48M. The company also reported an adjusted EBITDA of $11M for the quarter.
November 13, 2023 | 12:12 pm
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NEGATIVE IMPACT
Genius Sports' Q4 revenue fell short of estimates by $0.48M and reported an adjusted EBITDA of $11M.
Missing revenue estimates, even by a small margin, can lead to negative investor sentiment in the short term. The reported EBITDA shows profitability but may not offset the missed revenue expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100