Sportradar Group AG's stock experienced a significant pre-market plunge of 6.68% on Tuesday, following the release of its quarterly financial results.

The sharp decline came after the company reported first-quarter earnings per share of $(0.02), missing the analyst consensus estimate of $0.06 by 133.33 percent. Additionally, quarterly sales of $405.773 million fell short of the $420.560 million estimate by 3.52 percent. While revenue showed a 23.98 percent increase compared to the same period last year, the substantial earnings miss and revenue shortfall triggered negative investor sentiment during pre-market trading.