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Genius Sports posts annual revenues of $341m, loss cut to $182m

Sports data and betting services company Genius Sports posted revenue of $341m (€320m) for the 2022 financial year, narrowly ahead of projections, as group net loss dropped considerably from $592.8m to $181.6m.

The revenue figure was slightly higher than the guidance figure of $340m. Full-year adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) totalled $15.8m, slightly higher than the projected $15m.

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