Sportradar Group AG (SRAD) has released an update.
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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.
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