Genius Sports Limited (GENI) Reports Q3 Loss, Tops Revenue Estimates
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Genius Sports Limited (GENI) reported a Q3 loss of $0.02 per share, matching the Zacks Consensus Estimate, and improved from a $0.06 loss per share a year ago. The company also exceeded revenue expectations.
November 12, 2024 | 2:30 pm
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Genius Sports Limited reported a Q3 loss of $0.02 per share, in line with expectations, and improved from a $0.06 loss per share a year ago. The company also exceeded revenue estimates.
The improvement in per-share loss from $0.06 to $0.02 and exceeding revenue expectations are positive indicators for Genius Sports. Meeting the consensus estimate for loss per share suggests stability, while the revenue beat could drive short-term stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100