GENI Earnings Prediction
The chart below shows how GENI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GENI sees a -0.06% change in stock price 10 days leading up to the earnings, and a +0.14% change 10 days following the report. On the earnings day itself, the stock moves by +0.47%. This data can give you a slight idea of what to expect for the next quarter's release.
GENI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
120.20M
18.16%
25.93%
Gross Margin
33.35%
39.72%
12.21%
Operating Margin
-4.68%
-40.91%
-76.95%
Net Margin
10.40%
191.07%
-145.55%
EPS
0.05
183.33%
-155.56%
No Data Available
GENI Earnings Analysis
Genius Sports Limited Corporation (GENI.N) Earnings Conference Call
Positive
Group Revenue Increase: We delivered group revenue of $120 million, representing an 18% year-on-year growth.
EBITDA Margin Improvement: This revenue growth contributed to our group adjusted EBITDA at a 43% incremental margin, as a result of our largely fixed cost base and disciplined control of operating expenses.
EBITDA Growth and Margin Expansion: This translated to group adjusted EBITDA of $26 million in the quarter representing 45% growth year-on-year and 400 basis points of margin expansion to 21%.
EBITDA Margin Expansion: Our consistent group adjusted EBITDA margin expansion over the last few years should demonstrate the operating leverage of our business model.
2024 Revenue and EBITDA Guidance: We are raising our 2024 guidance and expect to finish the year with $511 million in group revenue, up 24% year-on-year, and $86 million in group adjusted EBITDA up 61%, both significantly above our initial guidance of $480 million and $75 million respectively.
Negative
Revenue Growth Analysis: Group revenue of $120 million represented an 18% year-on-year growth, which is lower than expected.
EBITDA Margin Expansion: The adjusted EBITDA margin expanded to 21%, indicating a 400 basis points increase, but still below the target of 30%.
High Operating Expenses Impact Income: Operating expenses remained high, leading to a decrease in net income compared to previous quarters.
Stagnant Customer Growth: Customer growth was stagnant, with no significant increase in new accounts during the quarter.
Product Development Delays: The company faced challenges in product development, resulting in delays in launching new features that were anticipated for this quarter.
GENI FAQs
How does GENI typically perform around its earnings report dates?
Is Genius Sports Limited (GENI) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GENI Earning Call Sentiment
Genius Sports Limited (GENI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
GENI.N
-4.51%Positive
The earnings call presents a positive outlook with strong financial performance, including 18% revenue growth and a 45% increase in EBITDA. Despite some risks in market growth and cash flow timing, the company maintains strong guidance with a 24% revenue growth expectation for 2024. The Q&A section shows confidence in achieving targets, and the lack of shareholder return plans is a neutral factor. Given the market cap of $1.17 billion, the positive sentiment and guidance adjustments suggest a stock price movement in the 2% to 8% range over the next two weeks.
