Genius Sports has declared a hefty net loss for the first quarter of the year, but this has not deterred group leadership from its lofty expectations for the end of the year.
The London-based, NYSE-listed sportstech company, Genius Sports, released its Q1 financial results, showing a 30.5% year-over-year revenue growth from $143.9m to $187.9m. Despite the initial setback, the group remains optimistic about achieving its $1 billion 2026 revenue target.