Genius Sports Limited (NYSE:GENI) Q2 2024 Results Conference Call August 6, 2024 8:00 AM ET

Company Participants

Brandon Bukstel - Investor Relations Manager
Mark Locke - Chief Executive Officer
Nicholas Taylor - Chief Financial Officer

Conference Call Participants

Ryan Sigdahl - Craig-Hallum Capital Group
Bernie McTernan - Needham and Company
Robin Farley - UBS
Jordan Bender - Citizens JMP
Jed Kelly - Oppenheimer & Co
Mike Hickey - Benchmark Company
Chad Beynon - Macquarie
Eric Martinuzzi - Lake Street Capital Markets
Clark Lampen - BTIG
Brett Knoblauch - Cantor Fitzgerald

Operator

Thank you for standing by. My name is Liz, and I will be your conference operator today. At this time, I would like to welcome everyone to the Genius Sports Second Quarter 2024 Earnings Results. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would now like to turn the conference over to Genius Sports. Please go ahead.

Brandon Bukstel

Thank you, and good morning. Before we begin, we would like to remind you that certain statements made during this call may constitute forward-looking statements that are subject to risks that could cause our actual results to differ materially from our historical results or from our forecast.

We assume no responsibility for updating forward-looking statements. Any such statement should be considered in conjunction with cautionary statements in our earnings release and risk factor discussions in our filings with the SEC, including our annual report on Form 20-F filed with the SEC on March 15, 2024.

During the call, management will also discuss certain non-GAAP measures that we believe may be useful in evaluating Genius’ operating performance. These measures should not be considered in isolation or as a substitute for Genius’ financial results prepared in accordance with U.S. GAAP.

A reconciliation of these non-GAAP measures to the most directly comparable U.S. GAAP measures is available in our earnings press release and earnings presentation, which can be found on our website at investors.geniussports.com.

With that, I will now turn the call over to our CEO, Mark Locke.

Mark Locke

Good morning and thank you for joining us today. We are pleased to continue our momentum through the first half of the year, and we remain optimistic for the second half of the year as we expect to step up our growth in group revenue and adjusted EBITDA and cash flow.