Sportradar to participate in two US conferences this month
Sports technology firm Sportradar announced on Friday it is set to participate in two upcoming conferences in the US in May.
The business-to-business technology provider will attend J.P. Morgan’s 51st Annual Global Technology, Media and Communications Conference at the Westin Copley Place hotel in Boston, Massachusetts.
Sportradar’s Chief Executive Officer Carsten Koerl will participate in a fireside chat on Monday, May 22, at 4:30 pm Eastern time. Sportradar management will also be available for investor meetings during the conference, the company noted.
Sportradar will also participate in the 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel on May 31, in Minneapolis, Minnesota, and host investor meetings.
The announcement follows Sportradar's report of its Q1 financials last week. During the quarter, the business posted 24% revenue and 37% Adjusted EBITDA growth, reaching $226.2 million and $40 million respectively.
The strong financial performance was driven by a 55% revenue hike to $43.3 million in the company’s US segment, with positive Adjusted EBITDA for a third consecutive quarter. It also comes as the business targets further investments in AI, which the company believes could result in margin improvement over time.
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