Why Genius Sports Shares Are Shooting Higher Today
Why Genius Sports Shares Are Shooting Higher Today
The gross profit increased 34% to $12.8 million, and the gross margin expanded 90 basis points to 10.7%.Genius Sports Ltd (NYSE:GENI) shares are trading higher after the company reported better-than-expected first-quarter FY24 sales.
Genius Sports Ltd（紐約證券交易所代碼：GENI）公佈的24財年第一季度銷售額好於預期後，股價走高。
The company reported first-quarter FY24 sales of $119.72 million, beating the analyst consensus estimate of $116.89 million.
該公司公佈的24財年第一季度銷售額爲1.1972億美元，超過了分析師普遍預期的1.1689億美元。
Segment Revenue: Betting Technology, Content & Services increased 14.1%, Media Technology, Content & Services jumped 63%, and Sports Technology & Services fell 3.5%.
分部收入：博彩技術、內容和服務增長了14.1％，媒體技術、內容和服務增長了63％，體育技術與服務下降了3.5％。
The gross profit increased 34% to $12.8 million, and the gross margin expanded 90 basis points to 10.7%.
毛利增長了34％，達到1,280萬美元，毛利率擴大了90個點子至10.7％。
Total operating expenses increased 13.8% to $37.1 million. Operational loss for the quarter was $(24.3) million.
總運營支出增長了13.8％，達到3,710萬美元。該季度的運營虧損爲2430萬美元。
Adjusted EBITDA for the quarter decreased 14.5% to $6.87 million with an adjusted EBITDA margin of 5.7%.
本季度調整後的息稅折舊攤銷前利潤下降了14.5％，至687萬美元，調整後的息稅折舊攤銷前利潤率爲5.7％。
EPS of $(0.11) missed the consensus estimate of $(0.09).
每股收益（0.11）未達到市場普遍預期的0.09美元。
The company held $67.5 million in cash and equivalents as of March-end.
截至3月底，該公司持有6,750萬美元的現金及等價物。
"As we expand our technology footprint and work to extend one of our most important data partnerships with Football DataCo, we feel an enhanced sense of excitement and confidence in our outlook for 2024 and beyond," said Co-founder and CEO Mark Locke.
聯合創始人兼首席執行官馬克·洛克表示：“隨着我們擴大技術足跡並努力擴大與Football DataCo最重要的數據合作伙伴關係之一，我們對2024年及以後的展望感到興奮和信心增強。”
Outlook: Genius Sports sees FY24 group revenue of about $500 million against an estimate of $480.82 million. The company sees group Adjusted EBITDA of $82 million.
展望：Genius Sports預計，24財年集團收入約爲5億美元，而估計爲4.8082億美元。該公司預計集團調整後的息稅折舊攤銷前利潤爲8200萬美元。
Genius expects second-quarter FY24 revenue of $94 million versus an estimate of $94.12 million. Genius expects revenue of $119 million for the third quarter and $167 million for the fourth quarter.
Genius預計，24財年第二季度收入爲9400萬美元，而估計爲9,412萬美元。Genius預計，第三季度收入爲1.19億美元，第四季度收入爲1.67億美元。
The company also expects to generate positive cash flow in the full year of 2024.
該公司還預計將在2024年全年產生正現金流。
Price Action: GENI shares are trading higher by 4.80% at $5.68 at the last check Wednesday.
價格走勢：在週三的最後一次檢查中，GENI股價上漲4.80％，至5.68美元。
譯文內容由第三人軟體翻譯。
