Brief: Sportradar Reports Strong Growth And Increased Profitability And Cash Flow

Sportradar AG

16/11/2022 12:04

Nov 16 (Reuters) - Sportradar Group Ag  SRAD.O :
    * SPORTRADAR REPORTS STRONG GROWTH AND INCREASED
PROFITABILITY AND
CASH FLOW
    * Q3 REVENUE ROSE 31 PERCENT TO EUR 178.8 MILLION
    * RAISES ITS REVENUE OUTLOOK FOR FISCAL 2022 TO A RANGE OF
EUR
718.0 MILLION TO EUR 723.0 MILLION
    * OUTLOOK FOR ADJUSTED EBITDA2 IS NARROWED TO A RANGE OF EUR
124.0
MILLION TO EUR 127.0 MILLION
    * U.S. SEGMENT REVENUE INCREASED 61% YEAR OVER YEAR
    * Q3 REVENUE VIEW EUR 170.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbc3Xrg 
Further company coverage:  SRAD.O 
 ((Reuters.Briefs@thomsonreuters.com;))