09:53 AM EDT, 05/08/2024 (MT Newswires) -- Genius Sports ( GENI ) reported a Q1 net loss Wednesday of $0.11 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected a loss of $0.10.

Revenue for the quarter ended March 31 was $119.7 million, up from $97.2 million a year earlier.

Analysts surveyed by Capital IQ expected $117 million.

The company raised its 2024 revenue outlook to $500 million from $480 million previously. Analysts surveyed by Capital IQ expect $480.8 million.

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