Genius Sports reports Q1 EPS (21c) vs (3c) last year

Reports Q1 revenue $187.95M, consensus $170.98M. “Our first quarter results underscore the durability and visibility of our business model, with strong revenue growth across both Betting and Media driven by long-term contracts, expanding customer relationships, and delivery of new products across the global sports and betting ecosystem,” said Mark Locke, Genius Sports (GENI) Founder and CEO. “With the acquisition of Legend now complete, we are expanding our platform deeper into fan engagement and participation, creating new opportunities across sports, media and iGaming. The combination strengthens our long-term growth profile, enhances monetization across our ecosystem, and is expected to drive meaningful margin expansion and cash flow over time.”