News Formal

Sportradar Reports 3rd Consecutive Year of 20% Growth in 2023

  • 📰 Covers
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Its Audiovisual segment also grew by 14% YoY to €182 million. The company claimed 33% YoY growth in Adjusted EBITDA too with €167 million.

The global sports tech giant reported its Q4 and full-year earnings for 2023 on Wednesday, claiming a 20% increase in topline growth for the third straight year.

Carlston Koerl, Sportradar’s CEO, exuded confidence that this US-based growth will continue into FY2024, saying “We expect to outperform the market growth in the US” this year and that leadership expects the US market to be “more profitable than we have been” in 2023. Koerl believes this is a sign of things to come for the intersection of sports technology and the fan experience.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 341. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EVs Grow 94% YoY in Mexico, Tesla Model Y Leads the MarketClean Tech News & Views: EVs, Solar Energy, Batteries
Source: cleantechnica - 🏆 565. / 51 Read more »