Sportradar Group AG (SRAD) 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
Sportradar Group AG has announced a strong financial performance for Q2 2024, with record revenues of €278.4 million, representing a 29% increase compared to the previous year. The company has experienced robust growth across its product portfolio, particularly in the U.S. with a 59% revenue increase, and has consequently raised its full-year outlook for 2024. Despite this, the quarter did see a small loss of €1.5 million, contrasting with the break-even result of the same period last year.
For further insights into SRAD stock, check out TipRanks’ Stock Analysis page.
