Genius Sports Limited (GENI) Q3 2024 Earnings Call Transcript Summary
Genius Sports Limited (GENI) Q3 2024 Earnings Call Transcript Summary
Gross margin expanded by nearly 950 basis points to 33%, the highest since their public listing.The following is a summary of the Genius Sports Limited (GENI) Q3 2024 Earnings Call Transcript:
以下是Genius Sports Limited (GENI) Q3 2024年業績會議電話摘要：
Financial Performance:
財務表現：
Genius Sports reported a Q3 revenue of $120 million, an 18% year-on-year growth.
Adjusted EBITDA for the group was $26 million, a 45% increase from the previous year, representing a 400 basis point margin expansion to 21%.
Gross margin expanded by nearly 950 basis points to 33%, the highest since their public listing.
For 2024, revenue guidance raised to $511 million, a 24% year-on-year increase, and adjusted EBITDA guidance to $86 million, up 61%.
Genius Sports報告Q3營業收入12000萬美元，同比增長18%。
該集團調整後的EBITDA爲2600萬美元，比去年同期增長45%，代表毛利率擴張400個點子至21%。
毛利率增長近950個點子至33%，是自上市以來最高水平。
2024年，營業收入指導提高至51100萬美元，同比增長24%，調整後的EBITDA指導提高至8600萬美元，增幅爲61%。
Business Progress:
業務進展：
Extended major sports rights deals through the decade, ensuring fixed cost certainty.
Agreed on new commercial terms with every major US and many global sportsbook customers, enhancing group revenue.
Launched FANHub, a fan activation platform to bridge sports and advertising, diversifying revenue streams.
Expanded BetVision and sportsbook renewals contribute to solid foundations for sustained annual revenue growth.
延長主要體育權益合約至未來十年，確保固定成本的確定性。
與所有主要美國和許多全球體育書客戶達成新的商業條款，增加集團營業收入。
推出FANHub，一個粉絲激活平台，連接體育和廣告，實現收入多元化。
擴大BetVision和體育書更新有助於爲持續年度營業收入增長打下堅實基礎。
Opportunities:
機會：
Anticipate benefiting from robust growth drivers supported by a strong sporting calendar.
Positive trends in the US sports betting market and increased focus on in-play betting as a driving force for future growth.
Expanded product offerings like FANHub target a broad range of advertisers outside traditional sportsbooks, tapping into a larger digital advertising market.
預計會因強勁的增長動力而受益，得到強勁的體育日曆支持。
美國體育博彩市場的積極趨勢以及對實時投注的增加關注將成爲未來增長的推動力。
擴大像FANHub這樣的產品供應，瞄準傳統體育書之外的廣告商群體，開拓更大的數字廣告市場。
Risks:
風險：
Despite stable financial metrics, the business faces risks from potential unfavorable sports outcomes impacting bookmakers, which commenced in October.
Global sportsbook renewal and renegotiation processes embed variability that could influence revenue forecasts if market conditions shift unexpectedly.
儘管財務指標穩定，該業務面臨着體育賽果不利可能對書商造成影響的風險，該風險始於十月。
全球體育博彩續約和重新談判流程中嵌入了變化性，如果市場條件出現意外變化，可能會影響營業收入預測。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
