Sportradar Group AG - $SRAD STOCK NEWS

Sportradar (NASDAQ: SRAD) has launched Sportradar FanID, a first-party marketing solution featuring the first data clean room for the sports industry. This unique solution combines the company’s proprietary marketing activation technology to offer personalized fan engagement for brands and rightsholders in a post-third-party cookie world. The anticipated removal of third-party cookies in 2024 is compelling marketers to find alternative methods for collecting and leveraging data to connect with consumers. Sportradar FanID benefits rightsholders by providing a greater understanding of fans’ interests and purchase intent, while enhancing the value they provide sponsors. For brands, it facilitates scalable, direct engagement with fans through personalized, timely, and relevant ads. The process includes data collection, connection, activation, and orchestration, allowing for relevant and personalized digital advertising content to be served on a one-to-one basis. Rainer Geier, EVP, Fan Engagement at Sportradar, highlighted the significant opportunity for rightsholders and brands to gain a greater understanding of fans and to enable more efficient and seamless delivery of digital advertising content.

Sportradar (NASDAQ: SRAD) and Tennis Data Innovations (TDI), a joint venture of ATP and ATP Media, have signed a multi-year agreement for global data and streaming rights for betting, and media data rights for all ATP Tour and ATP Challenger Tour events. The partnership aims to drive commercial growth for the sport and enhance fan engagement through new betting and media products. Sportradar's ATP Service+ will offer augmented streaming, expanded in-play betting markets, short-form video highlights, and personalized betting products, while also providing Integrity Services to safeguard competitions against betting-related match fixing and corruption.

Sportradar (NASDAQ: SRAD) has appointed Jim Bombassei as Senior Vice President, Investor Relations and Corporate Finance. Based in New York, Bombassei will be responsible for building and maintaining relationships with the global investment community, overseeing the company's Corporate Finance function, and communicating the business model, long-term strategy, and financial performance.

Sportradar Group AG (SRAD) CFO Gerard Griffin to participate in UBS Global Media and Communications Conference and Morgan Stanley Global Consumer & Retail Conference in December 2023

Sportradar Group AG (NASDAQ: SRAD) Announces CFO's Participation in Needham’s 3rd Annual Consumer Tech / E-Commerce Virtual Conference

Sportradar Group AG (NASDAQ: SRAD) announced its financial results for the third quarter of 2023. The company reported a 12% increase in revenue, reaching €201.0 million. Adjusted EBITDA grew by 38% to €50.5 million. Sportradar also updated its annual outlook, projecting a revenue growth of 19% to 21% and Adjusted EBITDA growth of 29% to 33%. The company initiated a reduction in its global workforce as part of its strategic growth initiatives.

SportsCastr Inc. files complaints against Sportradar and Genius Sports for patent infringement.

Sportradar selected as technology and services provider for Taiwan Sports Lottery

Sportradar Group AG to release Q3 2023 financial results and host earnings call