Genius Sports Limited (GENI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Genius Sports Limited has reported an increase in revenue, reaching $120.2 million for the third quarter of 2024, up from $101.7 million in the same period last year. This growth is part of a broader trend, with year-to-date revenue climbing to $335.4 million compared to $285.8 million in 2023. However, the company faces challenges as its total assets have decreased to $724.9 million from $775.7 million at the end of 2023.
For further insights into GENI stock, check out TipRanks’ Stock Analysis page.