Genius Sports (NYSE:GENI – Get Free Report) posted its earnings results on Thursday. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.21), FiscalAI reports. Genius Sports had a negative return on equity of 23.58% and a negative net margin of 22.99%.The company had revenue of $195.50 million for the quarter, compared to analysts’ expectations of $184.43 million. During the same quarter in the prior year, the company earned ($0.21) EPS. The company’s revenue was up 64.7% on a year-over-year basis.
Here are the key takeaways from Genius Sports’ conference call:
- Q2 exceeded guidance across key metrics: revenue rose 65% year over year to $196 million, adjusted EBITDA increased 54% to $53 million, and quarter-end cash of $155 million topped expectations.
- Management raised full-year guidance to $1.005–$1.025 billion of revenue and $285–$295 million of adjusted EBITDA, citing operating leverage, GeniusIQ automation, prediction-market growth, and early Legend synergies.
- The Legend acquisition is reportedly generating synergies ahead of schedule, including cross-selling, use of Legend-owned media inventory, and direct agreements with prediction-market platforms Kalshi and Polymarket.
- Genius added 174 Moment Engine advertisers in Q2, including McDonald’s, YouTube TV, and DoorDash, while management expects further expansion through NFL-related activations and increasing demand for live-sports advertising.
- The company ended Q2 with a $77 million GAAP net loss and $825 million of acquisition debt; although management expects approximately $145 million of unlevered free cash flow in the second half, interest and debt repayment will reduce levered cash-flow conversion to about 50%.
Genius Sports Stock Performance
GENI traded down $0.20 during trading on Friday, reaching $7.62. The stock had a trading volume of 9,279,801 shares, compared to its average volume of 7,187,120. The stock has a market cap of $1.88 billion, a PE ratio of -11.21 and a beta of 1.90. Genius Sports has a one year low of $3.83 and a one year high of $13.73. The business has a 50-day moving average of $6.57 and a 200-day moving average of $5.97.
Analyst Ratings Changes
Read Our Latest Report on GENI
More Genius Sports News
Here are the key news stories impacting Genius Sports this week:
- Positive Sentiment: Revenue and outlook beat expectations: Second-quarter revenue rose 64.7% year over year to $195.5 million, exceeding the $184.4 million consensus estimate. Genius Sports also raised its full-year revenue outlook to approximately $1 billion, reinforcing expectations for continued growth. Genius Sports raises revenue guidance after strong Q2
- Positive Sentiment: Expansion into prediction markets: Partnerships with Kalshi and Polymarket will allow Genius Sports to provide official sports data, media capabilities, and integrity services. The deals could open an additional growth channel beyond traditional sportsbook customers. Genius Sports enters prediction markets with Polymarket and Kalshi partnerships
- Positive Sentiment: Media and advertising opportunity: Management is using real-time sports data to help advertisers adjust campaigns during live games, signaling a shift toward higher-value media and advertising services. Genius Sports’ media surge shows shift beyond sportsbook data
- Positive Sentiment: Analyst support strengthened: BTIG raised its price target to $10 from $9 and maintained a “buy” rating, while Oppenheimer increased its target to $12 from $10 and upgraded the stock to “outperform.”
- Neutral Sentiment: Wells Fargo reaffirmed its “equal weight” rating and set an $8 price target, indicating limited near-term upside in its base case.
- Negative Sentiment: Profitability remains a concern: Genius Sports reported a quarterly loss of $0.28 per share, substantially worse than the $0.07 loss analysts expected and wider than the $0.21 loss a year earlier. The company continues to report negative net margins and return on equity. Genius Sports Limited reports Q2 loss and tops revenue estimates
Hedge Funds Weigh In On Genius Sports
Hedge funds and other institutional investors have recently modified their holdings of the company. Wellington Management Group LLP raised its holdings in shares of Genius Sports by 17.9% during the 3rd quarter. Wellington Management Group LLP now owns 13,513,537 shares of the company’s stock valued at $167,298,000 after buying an additional 2,051,503 shares in the last quarter. Senvest Management LLC boosted its stake in Genius Sports by 13.7% in the fourth quarter. Senvest Management LLC now owns 9,410,567 shares of the company’s stock worth $103,704,000 after buying an additional 1,135,577 shares in the last quarter. Invesco Ltd. boosted its stake in Genius Sports by 50.6% in the third quarter. Invesco Ltd. now owns 4,957,261 shares of the company’s stock worth $61,371,000 after buying an additional 1,665,626 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Genius Sports by 4.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 3,782,506 shares of the company’s stock valued at $41,683,000 after acquiring an additional 176,184 shares during the last quarter. Finally, Ophir Asset Management Pty Ltd grew its position in Genius Sports by 28.9% during the fourth quarter. Ophir Asset Management Pty Ltd now owns 3,771,695 shares of the company’s stock valued at $41,564,000 after acquiring an additional 844,661 shares during the last quarter. 81.91% of the stock is currently owned by hedge funds and other institutional investors.
Genius Sports Company Profile
Genius Sports is a global sports technology company that specializes in collecting, analyzing and distributing real-time sports data and video streams. The firm provides official data feeds, live video streaming solutions and digital engagement tools to sports leagues, federations, broadcasters and betting operators. By integrating data directly from sporting events through its network of field officials and proprietary technology, Genius Sports ensures accuracy and integrity for partners who rely on up-to-the-second information.
The company’s product suite includes a cloud-based platform for data capture and distribution, an integrity services offering designed to identify and mitigate match-fixing risks, and a suite of commercial products that power odds creation, in-game betting markets and fan engagement experiences.
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