Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DraftKings stock was down 28% on the day it announced earnings results.

Is DraftKings Stock a Buy After Q3 Earnings?

Slower projected growth spooked shareholders.

Why DraftKings Stock Plunged Today

DraftKings stock fell as much as 26% on Friday despite the sports betting company posting higher-than-expected revenue for its third-quarter earnings report.

DraftKings shares tumble after monthly users fall short of estimates

DraftKings CEO Jason Robins weighed in on the fantasy sports contest and sports betting company's stock dropping Friday after it reported its quarterly earnings.

DraftKings CEO: Investors missing a good bet

DraftKings stock fell as much as 26% Friday despite the sports betting company posting higher-than-expected revenue for its third quarter earnings report.

DraftKings shares tumbles after monthly users fall short of estimates

Shares of DraftKings Inc. were headed for their worst daily performance on record Friday after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of profits.

DraftKings stock heads for worst day on record as patience with losses ‘remains thin'

DraftKings Inc. (NASDAQ:DKNG ) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants Stanton Dodge - Chief Legal Officer Jason Robins - Co-Founder, Chief Executive Officer and Chairman Jason Park - Chief Financial Officer Conference Call Participants David Katz - Jefferies Shaun Kelley - Bank of America Edward Young - Morgan Stanley Jason Bazinet - Citigroup Jed Kelly - Oppenheimer Carlo Santarelli - Deutsche Bank Michael Graham - Canaccord Genuity Bernie McTernan - Needham & Company Ryan Sigdahl - Craig-Hallum Capital Joseph Stauff - Susquehanna Financial Group Jordan Bender - JMP Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the DraftKings Q3 2022 Earnings Call. [Operator Instructions] I would now like to turn the call over to your host, Stanton Dodge, Chief Legal Officer.

DraftKings Inc. (DKNG) Q3 2022 Earnings Call Transcript

DraftKings Inc (NASDAQ:DKNG) is down 23.6% to trade at $11.98, despite the sports betting company reporting better-than-expected third-quarter results and raising its revenue outlook.

DraftKings Stock Heading for Worst Day of 2022

DraftKings Inc (NASDAQ: DKNG) reported better-than-expected results for its fiscal third quarter on Friday and issued encouraging guidance for the future. Shares still tanked nearly 25%.

What made DraftKings stock tank 25% on Friday?

PayPal

Even with markets moving higher, these two stocks see challenges ahead.

PayPal's Falling, but This Nasdaq Stock Looks Like an Even Worse Bet

DraftKings (DKNG) delivered earnings and revenue surprises of 6.54% and 15.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

DraftKings (DKNG) Reports Q3 Loss, Tops Revenue Estimates

DraftKings (NASDAQ: DKNG ) stock is down 20% today after the sports betting company issued weaker-than-expected forward guidance along with its third-quarter earnings print. Today's selloff in DKNG stock is being prompted entirely by the Boston-based company's 2023 outlook, which disappointed analysts and investors.

DKNG Stock Alert: Why DraftKings Is Down 20% Today

The online sports-betting company reported revenue of $502 million for the quarter ended Sept. 30.

DraftKings Reports Higher Revenue for Start of Football Season

Shares of DraftKings Inc. DKNG, -1.57% were falling more than 10% in premarket trading Friday, though the company beat with its revenue in the latest quarter and saw its losses narrow. The company posted a third-quarter net loss of $450.5 million, or $1.00 a share.

DraftKings loss narrows to $450 million, stock falls after earnings

Adjusted EBITDA Improves Significantly Compared to Third Quarter of 2021 Adjusted EBITDA Improves Significantly Compared to Third Quarter of 2021

DraftKings Reports YoY Third Quarter Revenue Increase of 136% to $502 million; Raises 2022 Revenue Guidance and Improves 2022 Adjusted EBITDA Guidance; Introduces 2023 Revenue and Adjusted EBITDA Guidance

Over the last three months, DraftKings shares have outperformed the S&P 500 by a fair margin, indicating that buyers have finally stepped up and the selling has slowed.

DraftKings Q3 Preview: Double-Digit Earnings Growth in Store?

Cardinal Health

The three major U.S. equity indexes closed lower on Tuesday. The Dow Jones industrials ended the day down 0.24%, the S&P 500 closed 0.41% lower and the Nasdaq retreated 0.89%.

Earnings Previews: Cardinal Health, DraftKings

Caesars Entertainment

MGM Resorts

Shares of sports-gambling operators ran higher Tuesday after Caesars Entertainment Inc. management revealed a measure of profit in its digital betting business turned positive last month, giving the business a chance to contribute to profit in the months ahead.

Caesars' digital betting business hits a milestone, sending sports-gambling stocks higher

DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will DraftKings (DKNG) Report Negative Earnings Next Week? What You Should Know

Select Professional Football Players Transformed into Deadfellaz Player Cards for Reignmakers Football Select Professional Football Players Transformed into Deadfellaz Player Cards for Reignmakers Football

Deadfellaz and DraftKings Announce First-of-its-Kind Collaboration Ahead of Halloween Weekend

Cross Country Healthcare

Coupang

Ford Motor Company

Coca-Cola

Petroleo Brasileiro

Investors should be looking for the top stocks to buy in the current bear market. The chances of finding a good deal increase during hard economic times when there's blood on the streets.

7 Stocks to Buy Before the Window of Opportunity Slams Shut

The mobile sports betting company will know if it can gain access to a massive market.

DraftKings Investors Need to Circle This Crucial Date in November

Who's investing in sports wagering company DraftKings (NASDAQ: DKNG )? Plenty of retail traders, sure, but also some big banks and even a firm led by the one and only Cathie Wood.

5 Investors Betting Big on DraftKings, And Why You Should Too

BOSTON, Oct. 14, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2022 results prior to 8:30AM EDT on November 4, 2022.

DraftKings to Release Third Quarter 2022 Results November 4

Redburn analyst Andrew Tam initiates coverage of the stock with a Neutral rating.

News for DraftKings Stock (DKNG)