Data and analytics provider Genius Sports posted better-than-expected revenue of $95.5 million in the second quarter of 2024, and it told Wall Street it predicts annual growth of 20% for the foreseeable future thanks to its exclusive, multiyear data rights to the NFL and English Premier League.
“The focus that we’ve had over the last couple of years on execution is really looking to drive both revenue and margin growth over the coming period, so we’re feeling good,” Mark Locke, Genius founder and CEO, said on a call with analysts Tuesday. “We’ve got everything on the right side—we got probably the two most important global rights locked up for a really long period.”
