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BRIEF-Sportradar Reports Strong Growth And Increased Profitability And Cash Flow

Reuters · 11/16/2022 07:04
BRIEF-Sportradar Reports Strong Growth And Increased Profitability And Cash Flow

- Sportradar Group Ag SRAD.O:

  • SPORTRADAR REPORTS STRONG GROWTH AND INCREASED PROFITABILITY AND CASH FLOW

  • Q3 REVENUE ROSE 31 PERCENT TO EUR 178.8 MILLION

  • RAISES ITS REVENUE OUTLOOK FOR FISCAL 2022 TO A RANGE OF EUR 718.0 MILLION TO EUR 723.0 MILLION

  • OUTLOOK FOR ADJUSTED EBITDA2 IS NARROWED TO A RANGE OF EUR 124.0 MILLION TO EUR 127.0 MILLION

  • U.S. SEGMENT REVENUE INCREASED 61% YEAR OVER YEAR

  • Q3 REVENUE VIEW EUR 170.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:

Further company coverage: SRAD.O


((Reuters.Briefs@thomsonreuters.com;))