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Sportradar Group Raised FY24 Revenue Outlook To €1.070B, Up From Prior €1.060B Vs €1.063B Est

Author: Benzinga Newsdesk | August 13, 2024 07:05am

Updated 2024 Annual Financial Outlook

Sportradar is further raising its fiscal 2024 outlook for revenue and Adjusted EBITDA as follows:

Revenue of €1,070 million compared with prior outlook of €1,060 million, up 22% year-over-year and representing a 1-percentage point improvement in our full year growth rate outlook.
Adjusted EBITDA of at least €204 million compared with prior outlook of €202 million, up 22% and representing a 1-percentage point improvement in our full year growth rate outlook.
Adjusted EBITDA margin of approximately 19%

Posted In: SRAD