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Sportradar whiffed on Q2 โ adjusted EPS came in at โฌ0.00 vs the โฌ0.06 consensus, and revenue of โฌ378M barely missed the โฌ381.9M estimate. The culprit: a $9M FX loss on dollar-denominated sports rights contracts. The core betting tech segment grew 21%, but full-year revenue guidance midpoint of โฌ1.53B fell short of the โฌ1.56B Street expectation, sending shares to a new 52-week low. Currency headwind or something more structural here โ does SRAD look cheap at these levels? Not financial advice.
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