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Sportradar's Managed Trading Services See Significant Global Adoption in H1 2024 Notable client wins in South America and Africa highlight growth ST. GALLEN, Switzerland, July 01, 2024 (GLOBE NEWSWIRE) -- Sportradar has significantly grown its Managed Trading Services (MTS) clientele in the first half of 2024, welcoming 44 new sportsbook operators to leverage its versatile and advanced operational capabilities.
This company is flying under the radar but executing on all cylinders.
Investors have been pouring into sports betting stocks like DraftKings Inc. NASDAQ: DKNG and Fan Duel's parent, Flutter Entertainment plc NYSE: FLUT. Streaming giants like Amazon Inc. NASDAQ: AMZN and Netflix Inc. NASDAQ: NFLX are jockeying to keep and sign lucrative broadcasting deals with major sports leagues like the NFL, MLB, Formula One and NASCAR.
Investors have been pouring into sports betting stocks like DraftKings Inc. NASDAQ: DKNG and Fan Duel's parent, Flutter Entertainment plc NYSE: FLUT. Streaming giants like Amazon Inc. NASDAQ: AMZN and Netflix Inc. NASDAQ: NFLX are jockeying to keep and sign lucrative broadcasting deals with major sports leagues like the NFL, MLB, Formula One and NASCAR.
Sportradar Group AG (NASDAQ:SRAD ) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Jim Bombassei - Head, IR Carsten Koerl - CEO Gerard Griffin - CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Michael Graham - Canaccord Robin Farley - UBS Stefanos Crist - Needham & Company Michael Hickey - The Benchmark Company Jordan Bender - Citizens JMP Shaun Kelley - Bank of America Operator Good day, and welcome to Sportradar First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Sportradar Group (SRAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar”) will release its financial and operating results for the first quarter ended March 31, 2024 on Wednesday, May 15, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. ET on Wednesday, May 15, 2024.
Sportradar is a "picks and shovels" play in the sports betting industry. The company generated positive free cash flows and profitability in 2023.
Sportradar delivered better-than-expected revenue and earnings to end 2024. The company also announced a new $200 million stock-repurchase authorization and solid forward guidance.
Sportradar Group AG (SRAD) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.11 per share a year ago.