Sportradar reports Q2 EPS EUR 0.02 vs EUR 0.00 last year

Reports Q2 revenue EUR 317.79M vs EUR 278.42M last year. Carsten Koerl, Chief Executive Officer of Sportradar (SRAD), said: “Our second quarter results, including record quarterly revenue, expanding operating margins and significant cash flow reflect our sustained operating momentum and execution against our growth strategy. Our industry leading scale, including our premium content and product portfolio and leading technology and AI, is driving customer uptake and above market growth. The inherent leverage in our business, combined with our focus on efficiencies, is driving sustainable margin expansion and cash flow generation. Looking ahead, given our momentum we are raising our full year expectations and anticipate the acquisition of IMG ARENA will further expand our capabilities, creating even greater value for our clients, partners and shareholders.”