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Sportradar Announces Preliminary First Quarter 2025 Financial Results

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Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors today announced, in conjunction with its filing of a preliminary prospectus supplement, preliminary unaudited financial results for the first quarter ended March 31, 2025.

Preliminary First Quarter 2025 Results
The following preliminary unaudited first quarter 2025 results are based on preliminary internal data available as of the date of this announcement:

  • Revenue of approximately €307 million to €311 million
  • Profit for the period of approximately €20 million to €24 million
  • Adjusted EBITDA1 of approximately €56 million to €58 million

The Company will release its full financial and operating results for the first quarter ended March 31, 2025, on Monday, May 12, 2025 and will host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on May 12.

The preliminary financial information discussed in this press release is based on management’s preliminary analysis of financial results for the quarterly period ended March 31, 2025 and information available as of the date of this announcement. The Company’s independent registered accounting firm has not reviewed or audited the preliminary financial information set forth in this press release. Prior to the release of the financial statements for and as of the period ended March 31, 2025, the Company may identify items that would require it to make adjustments to the preliminary financial information, which may be material to the information presented above.

The post Sportradar Announces Preliminary First Quarter 2025 Financial Results appeared first on European Gaming Industry News.

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