Genius Sports Limited Stock Price, News & Analysis

Genius Sports (NYSE: GENI) and the NCAA have extended their partnership through 2032, with Genius Sports becoming the exclusive provider of official NCAA data to licensed sportsbooks for March Madness and all post-season tournaments. The agreement includes:

- Continued free access to NCAA LiveStats for member schools, supporting over 70,000 games annually
- Introduction of GeniusIQ, an AI platform for real-time analytics and coaching insights
- New Authorized Gaming Licensee (AGL) program giving sportsbooks exclusive access to official NCAA data and marks
- Enhanced integrity measures to protect student-athletes through monitoring and responsible gaming practices

The partnership builds on their collaboration since 2018, focusing on data solutions for NCAA schools while connecting sportsbook partners with official NCAA content.

Genius Sports (NYSE:GENI) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, before 8:00 AM ET. The company will conduct a conference call and audio webcast at 8:00 AM ET on the same day to discuss the quarterly performance.

Investors and interested parties can access the earnings press release and related materials through the company's investor relations website at investors.geniussports.com. A replay of the webcast will be made available on the website within 24 hours following the call.

Genius Sports (NYSE:GENI) and EchoPoint Media have renewed their partnership for promoting the 2025 Indianapolis 500, following their award-winning 2024 campaign. The previous collaboration achieved remarkable success, with ticket sales efficiency improving by 45% compared to prior benchmarks, earning recognition in the Sports category at The Drum Awards.

The renewed partnership will expand on their data-driven marketing approach, incorporating first-party data, targeted audience insights, and contextual placements to reach motorsports enthusiasts across NASCAR, Formula 1, and other racing disciplines. The 2024 campaign's success was attributed to Genius Sports' proprietary data, audience targeting capabilities, and innovative use of real-time countdown clocks in ad creative.

The 109th Running of the Indianapolis 500 is scheduled for Sunday, May 25, 2025.

Genius Sports (NYSE:GENI) has partnered with Deep Blue Sports + Entertainment and Precise to launch the Women's Sports Audience Intelligence & Monetization (WS/AIM) Service on its FANHub platform. The service debuts during NCAA Women's March Madness, creating the first premium private collaboration environment for advertisers to reach women's sports fans efficiently.

The partnership leverages Deep Blue's women's sports expertise, Genius Sports' exclusive league relationships (including WNBA and NCAA), and Precise's proof-based collaboration technology. The WS/AIM Service transforms fan insights into first-party audience segments, activated through publisher-direct inventory for scalable media buying opportunities.

Key features include:

• Privacy-preserving collaboration ensuring stakeholder data control
• Direct monetization opportunities for athletes, teams, and leagues
• Dynamic reach and precise measurement through FANHub
• Strategic consulting from Deep Blue and Precise

Genius Sports (NYSE:GENI) reported strong financial results for Q4 and full-year 2024. Group revenue reached $176m in Q4 (+38% YoY) and $511m for full-year 2024 (+24% YoY). Despite reporting a group net loss of $28m in Q4 and $63m for the year, these figures represent improvements of 27% and 26% respectively year-over-year.

The company's Betting Technology segment led growth with $128.2m in Q4 revenue (+48% YoY), while Media Technology reached $29.8m (+4% YoY) and Sports Technology hit $17.6m (+47% YoY). Group Adjusted EBITDA showed significant improvement, reaching $32m in Q4 (+171% YoY) and $86m for the full year (+61% YoY).

Looking ahead to 2025, Genius Sports projects group revenue of $620m and Group Adjusted EBITDA of $125m, representing growth of 21% and 46% respectively.

PANDA Interactive has filed amended complaints against Genius Sports (NYSE: GENI) and Sportradar, expanding its patent infringement lawsuit to include antitrust claims. The complaint alleges that both companies are engaging in anti-competitive practices by:

• Unlawfully tying access to exclusive official sports data with their betting technology
• Coercing sportsbooks into using their technology to access real-time league data
• Controlling data through exclusive agreements with major sports leagues (NBA, NFL, NHL, MLB, NCAA)

The lawsuit, originally filed in October 2023, accused the defendants of infringing PANDA's patents for ultra-low latency, interactive sports streaming and betting technology. PANDA is seeking a court order to stop these practices and pursuing damages for harm caused by the alleged unlawful conduct.

Genius Sports (NYSE:GENI) has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, March 4, 2025, before 8:00 AM ET. The company will host a conference call at 8:00 AM ET on the same day to discuss the results. Investors can access the earnings press release and related materials on the company's investor relations website. A live audio webcast and Q&A session will be available, with a replay accessible within 24 hours after the call.

Genius Sports (NYSE: GENI) has reaffirmed its 2024 financial guidance, maintaining its projected Group Revenue of $511 million and Group Adjusted EBITDA of $86 million. The company also disclosed its preliminary unaudited estimate of cash, cash equivalents, and restricted cash, which is expected to reach approximately $135 million by December 31, 2024. This represents a significant increase from $69 million as of September 30, 2024, and $126 million as of December 31, 2023. The company confirms it will maintain a positive net cash position throughout 2024, aligning with previously disclosed guidance.

Genius Sports (NYSE: GENI) has announced the pricing of its underwritten public offering of 17,647,059 ordinary shares at $8.50 per share. The company expects to raise approximately $144 million in net proceeds after deducting underwriting commissions and offering expenses.

The offering, expected to close on January 16, 2025, includes participation from existing shareholders Caledonia and Wellington Management, along with new investors. BTIG is serving as the lead book-running manager, with Goldman Sachs and Deutsche Bank Securities as book-running managers.

The company plans to use the proceeds for general corporate purposes, potentially including acquisitions or investments in complementary businesses, technologies, or assets, although no specific agreements are currently in place.