Sportradar Group AG (SRAD) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sportradar Group AG reported a robust third quarter in 2024, with revenue surging 27% to €255 million and profit climbing to €37 million, driven by strong growth in Betting Technology & Solutions and U.S. market expansion. The company’s strategic focus on sports content and technology has led to increased client retention and significant cash generation, enhancing shareholder value. Sportradar has further raised its full-year guidance, highlighting its continued momentum and competitive advantage in the sports ecosystem.
For further insights into SRAD stock, check out TipRanks’ Stock Analysis page.
