On Sees Shares Rise as Global Demand Spikes in First Quarter
Shares for On Holding AG were up 3% on Tuesday after the performance athletic brand reported growth in the first quarter of 2022 as demand continues to be strong…
earnings
Genius Sports Earnings Boosted by Second Spectrum, New Gambling States
Data and analytics specialist Genius Sports reported first quarter revenue that beat expectations, as its Second Spectrum subsidiary and sports betting powered the…
Netflix Mulls Ad-Supported Tier as Sports TV Execs Cheer
As Netflix shares continue to get hammered in the wake of the company’s first reported subscriber losses since 2011, investors looking to grab a piece of the streaming…
Strong Digital and DTC Gains Lead Nike to Q3 Beat
Nike Inc. reported results for the third quarter of 2022 that beat analysts’ expectations, despite ongoing challenges from the supply chain crisis. As Footwear News…
Nike Performance Impacting Earnings Results Across Sports
Earnings for the fourth quarter are in full swing — and one brand name has been dominating the results thus far: Nike. As reported in Footwear News, executives from Foot…
New Quarter, Same Story as DraftKings Tumbles 17% Pre-Market
DraftKings shares fell as much as 17% in pre-market trading after the company reported mixed fourth quarter numbers, including an indication that heavy losses will…
Lululemon Beats Earnings Estimates Despite Cracks in Mirror Performance
Last month’s Peloton sell-off seemed to signal changes in consumer behavior when it comes to home workouts.  Athletic wear giant Lululemon (NASDAQ: LULU)’s earnings call…
UFC Posts Record Year to Date as Business Hits on All Cylinders
JohnWallStreet will be off Thursday and Friday, and will be back on Monday morning. Endeavor Group Holdings (NYSE: EDR) recently posted Q3 2021 financial results…
Sportradar Revenue Jumps 30% as Deals Buoy Shares in Q3
Sports data and analytics giant Sportradar’s (Nasdaq: SRAD) revenue jumped 30% in the third quarter as business in the emerging U.S. sports betting market surged 119%…
DraftKings Reports Mixed Q3 Earnings as Gamblers Beat the Odds
DraftKings shares are relatively flat Friday afternoon, after the gaming company released mixed third quarter earnings. One of the more interesting aspects of the…
Electronic Arts Reports ‘Strongest Q2 in History’ Amid FIFA Rights Uncertainty
Electronic Arts, the gaming company that created the world’s most popular esports games, including FIFA, NHL and Madden NFL, beat revenue expectations for fiscal…
Prime
Genius Sports Revenue Doubles As NFL Deal Boosts Outlook
Second-quarter revenue more than doubled for Genius Sports, as the return of a full slate of sports and growing market share powered sales for the sports data and…
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