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Genius Sports Limited (NYSE:GENI) shares are trading lower after the company reported fourth FY23 results. Sales grew 20.7% Y/Y to $127.2 million, beating the consensus of $126.1 million. Segment Revenue: Betting Technology, Content & Services increased by 32.3%, Media Technology, Content & Services rose by 11.3%, while Sports Technology & Services declined by 15.8% Y/Y. Group Adjusted EBITDA was $12.0 million in the quarter, up 349.4% Y/Y. Adjusted EPS loss of $(0.12) missed the street view of $(0.07). As of year-end, the company held $100.3 million in cash and equivalents. Outlook: Genius Sp…

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