Sportsradar Group shares are trading higher after the company reported better-than-expected Q1 sales results and issued FY24 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Sportsradar Group shares are trading higher following the company's announcement of better-than-expected Q1 sales results and FY24 revenue guidance that exceeds estimates.
May 15, 2024 | 11:33 am
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POSITIVE IMPACT
Sportsradar Group shares are trading higher after the company reported better-than-expected Q1 sales results and issued FY24 revenue guidance above estimates.
The better-than-expected Q1 sales results and the optimistic FY24 revenue guidance are strong positive indicators for Sportsradar Group, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100