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Genius Sports' Q4 Loss Narrows as Revenue Increases
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Genius Sports' Q4 Loss Narrows as Revenue Increases
Mar 6, 2024 5:29 AM

08:02 AM EST, 03/06/2024 (MT Newswires) -- Genius Sports ( GENI ) reported a Q4 loss Wednesday of $0.17 per diluted share, narrowing from a loss of $0.59 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.07.

Revenue for the quarter ended Dec. 31 was $127.2 million, up from $105.3 million a year earlier.

Analysts polled by Capital IQ expected $126.1 million.

Genius said it expects Q1 revenue of $117 million. Analysts polled by Capital IQ are expecting $110.3 million.

Revenue for the current fiscal year is projected to be $480 million. Analysts surveyed by Capital IQ are expecting $474.4 million.

Price: 7.13, Change: +0.07, Percent Change: +0.99

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