Sportradar “delivered a solid beat and raise” in its second-quarter earnings, according to Jefferies Equity Research analyst David Katz. He credited rapid United States-derived revenue growth for much of the performance.
Sportradar increased revenue 14%, but 45% in the US. The company raised its earnings guidance for 2025 by $5 million. Wrote Katz, “Overall, the quarter is unlikely to push shares higher, although the pending IMG deal remains [an] outstanding driver.”
Second-quarter revenues were €318 million (US$368 million), slightly higher than Wall Street had forecast (€316 million (US$366 million). Sportradar also outperformed on cash flow, delivering €64 million (US$74.1 million) instead of the Street’s expected €58 million (US$67.1 million)
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