Why Sportradar Stock Is Sinking This Week

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Jun 17, 2007
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Shares of Sportradar (NASDAQ: SRAD) are sliding this week after the release of the company's fourth-quarter earnings results. Sportradar published its Q4 report before the market opened on March 15, posting sales that came in ahead of expectations but earnings that fell short of the market's target. Sportradar posted sales growth of 35.4% year over year in the fourth quarter, with strong performance driven in part by last year's World Cup.
 
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