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Genius Sports Reports Strong First Quarter 2021 Results , Raises Full - Year 2021 Revenue Guidance By 35 % ● ● Q1 revenue increased 52 % year - over - year to $ 53.7m First quarter group Adj . EBITDA up 414 % year - over year to $ 9.3m ( net loss of $ 5.3m ) Raised FY2021 group revenue guidance from $ 190m to $ 250m- $ 260m Announced a six - year strategic partnership with the National Football League Entered into a two - year marketing partnership with FanDuel to deliver data - driven , targeted advertising Announced the acquisitions of two leading technology companies , FanHub and Second Spectrum , diversifying our offering and enhancing capabilities Appointed sports industry leader and former Turner President , David Levy , as Genius Sports ' new Chairman . G Genius SPORTS LONDON & NEW YORK , May 20 , 2021 - Genius Sports Limited ( NYSE : GENI ) ( " Genius " or " GSL " ) , the official data , technology and commercial partner that powers the global ecosystem connecting sports , betting and media , today announced financial results for its fiscal 2021 first quarter ended March 31 , 2021 . " We delivered superb results in the first quarter of 2021 , demonstrating our continued excellent momentum and solid execution of strategic commitments , " said Mark Locke , GSL Co - Founder and CEO . " There is a significant opportunity to utilize our leading portfolio of official sports data , supported by our unique technology , scale and growing network of industry partners . Our strategy of powering the global sports data ecosystem has supported our growth in the quarter , and we're confident in our ability to continuously improve our end - to - end solution and deliver on our increased guidance for the year . " $ in thousands Group Revenue Betting Technology , Content & Services Sports Technology & Services Media Technology , Content & Services Group Adj . EBITDA Group Adj . EBITDA Margin 1Q 2021 Financial Highlights Q121 53,738 38,955 5,406 9,377 9,258 17.2 % Q120 35,369 27,421 3,818 4,130 1,801 5.1 % % 51.9 % 42.1 % 41.6 % 127.0 % 414.0 % 12.1 % Group Revenue : Group revenue increased 51.9 % year - over - year to $ 53.7 million , driven by balanced growth across all major product groups . On a constant currency basis , revenue increased $ 15.6 million , or 40 % year - over - year . O Betting Technology , Content & Services : Revenue increased 42.1 % year - over - year to $ 39.0 million . Growth in business with existing customers was driven by price increases