Brief: Sportradar Reports Q1 Revenue Up 31% At $186.4 Mln

Sportradar AG

18/05/2022 12:26

May 18 (Reuters) - Sportradar Group AG  SRAD.O :
    * SPORTRADAR REPORTS STRONG GROWTH IN FIRST QUARTER 2022
    * REVENUE IN Q1 OF 2022 INCREASED 31% TO EUR 167.9 MILLION ($186.4 MILLION)
    * SEES FY 2022 REVENUE TO BE IN RANGE OF EUR 665.0 MILLION TO EUR 700.0
MILLION
($738.2 MILLION TO $777.0 MILLION)1
    * SEES FY 2022 ADJUSTED EBITDA TO BE IN RANGE OF EUR 123.0 MILLION TO EUR
133.0
MILLION ($136.5 MILLION TO $147.6 MILLION)
    * ADJUSTED EBITDA MARGIN IS EXPECTED TO BE IN RANGE OF 18.5% TO 19.0% IN FY
2022
    * ADJUSTED EBITDA IN Q1 OF 2022 DECREASED 5% TO EUR 26.7 MILLION ($29.6
MILLION)
    * ADJUSTED EBITDA MARGIN WAS 16% IN Q1 OF 2022
    * Q1 EARNINGS PER SHARE VIEW EUR 0.03, REVENUE VIEW EUR 160.6 MILLION --
REFINITIV
IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW EUR 0.15, REVENUE VIEW EUR 680.0 MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbPzcdv 
Further company coverage:  SRAD.O 

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