Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

Sales and marketing

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Year over year growth in Revenue and Operating Expenses.

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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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Cost of revenue

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Free cash flow

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.

Opendoor

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In light of the market's recent performance, you may be wondering what Nasdaq stocks to sell to reduce losses. While these types of stocks (as measured by the Nasdaq Composite) have already been hit hard year-to-date, it's unclear whether a “bottoming out” has finally happened.

3 Nasdaq Stocks to Sell Now

Over the past week, two of Cathie Wood's exchange-traded funds (ETFs) have purchased additional shares of DraftKings (NASDAQ: DKNG ) stock. DraftKings enables consumers to bet money on sports contests and casino games.

Cathie Wood Is Doubling Down on DraftKings (DKNG) Stock

A record number of Americans are expected to place bets this football season. That could be a boon to DraftKings.

The NFL Is Back. Is DraftKings Stock Back With It?

DraftKings to Drop Aoki 2022 All-Star Access Pass for Reignmakers Football DraftKings to Drop Aoki 2022 All-Star Access Pass for Reignmakers Football

Steve Aoki to Join DraftKings as Brand Ambassador for DraftKings Marketplace

The online gaming company has done an excellent job expanding into new markets.

1 Green Flag That Could Send DraftKings Stock Soaring in 2022

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These high-flying stocks have fallen flat as investments.

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DKNG has pulled back 30% from its August highs after surging nearly 60% from its May lows. We posited in our previous update that DKNG has likely bottomed, which materialized. DraftKings' Q2 release demonstrated that the company could navigate challenging macro headwinds well, vindicating management's confidence in its previous commentary.

DraftKings: Be Patient And Don't Rush To Buy Now

Shares of DraftKings remain down more than 40% year to date as investors have shed growth stocks in favor of safety. This is in spite of a plethora of fundamental catalysts for DraftKings, including legalization of sports betting in New York and the California ballot measure this November.

DraftKings: Keep Buying While It's Low

DraftKings Inc. (DKNG) announces the launch of its top-rated mobile sportsbook in Kansas on Sep 1, 2022, as the contracting counterparty of BHCMC, LLC, manager of Boot Hill Casino & Resort.

DraftKings (DKNG) to Launch Its Online Sportsbook in Kansas

Butler National Corporation

- Boot Hill Casino & Resort will begin taking online bets through the sportsbook platform DraftKings - OLATHE, Kan. , Sept. 1, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, will launch online mobile sports betting through its online platform partner, DraftKings Inc. (NASDAQ: DKNG), today.

BUTLER NATIONAL CASINO SUBSIDIARY ANNOUNCES ITS LAUNCH OF MOBILE SPORTS BETTING IN KANSAS

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During the pandemic years, Cathie Wood's favorite stocks became massive wealth-builders. Her tech-heavy representative ARK Innovation ETF (NYSEARCA: ARKK ) increased in value by more than 10% in a single day.

7 of Cathie Wood's Favorite Stocks to Buy Now

BOSTON, Aug. 31, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its online sportsbook in Kansas tomorrow on September 1, 2022, subject to receipt of regulatory approvals. Ahead of one of the busiest times of the year for sport betting activity with the start of the 2022 NFL and college football seasons, eligible sports fans in Kansas will have the opportunity to place a variety of bets through DraftKings' online sportsbook, including its signature same-game parlay offers, player props, special odds boost selections and more.

DraftKings Slated to Launch Top-Rated Mobile Sportsbook in Kansas September 1

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If you think investing in "meme stocks" is like playing a game of musical chairs, you might be surprised at how quickly the music might stop. The post 9 Key Meme Stocks To Run Out Of Money In Less Than 2 Years appeared first on Investor's Business Daily.

9 Key Meme Stocks To Run Out Of Money In Less Than 2 Years

FuboTV

There are a wealth of companies to choose from when you're looking for the best sports betting stocks. Sports betting stocks have been one of the more compelling investment options for investors since 2018.

The 3 Best Sports Betting Stocks to Buy Now

- Golden Nugget Online Gaming completes the online sports betting platform lineup for Boot Hill Casino & Resort - OLATHE, Kan. , Aug. 25, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has entered into an agreement with Golden Nugget Online Gaming, LLC (GNOG), a subsidiary of DraftKings, Inc. (NASDAQ: DKNG), that could bring GNOG's online interactive sportsbook to Kansas, subject to receipt of licenses and regulatory approvals.

BUTLER NATIONAL CASINO ANNOUNCES MOBILE SPORTS BETTING AGREEMENT WITH GOLDEN NUGGET ONLINE GAMING

Airbnb

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Investing in growth companies and holding them for several years is an excellent strategy for increasing wealth.

Got $3,000? 3 Growth Stocks To Buy Now That Could Double Your Money

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This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 16, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

5 Cathie Wood Stocks Signaling “The Bear Market Is Over”

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While the biggest analyst calls garner the most attention, “buy,” “sell” and “hold” ratings from analysts are not always a good source for investors. The reason is simple.

Buy, Sell or Hold: The 7 Biggest Analyst Calls of Last Week

A high tide lifts all boats as the entire top tier of sports betting platforms move guidance higher. Too many DKNG fans conveniently forget that the company still operates in a crazy, crowded field of 14 competitors overspending on marketing.

DraftKings: Upside Move Blinks Caution Light, Not Fool's Gold Or 24k, Hold

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The S&P 500 index is up about 9% so far in the third quarter of this year, while the consumer discretionary sector is up about 19%.

Is Now the Time to Place a Bet on Casino Stocks?

DraftKings share price is ready to move higher following two positive news catalysts that have already sent shares up by double-digits.

A Rounded Bottom In Draftkings, Inc Begins To Reverse Course

Beyond Meat

It seems that the short-squeeze shenanigans are back in town once again, attacking short positions across various stocks, not just

Beyond Meat and DraftKings see a short-term spike – Here's why

The online gambling industry is seemingly immune to inflation.

Why DraftKings Stock Jumped Today

Source: Tada Images / Shutterstock.com DraftKings (NASDAQ: DKNG ) stock is trending on social media and in the financial press today after the company released second-quarter 2022 earnings data. DraftKings exceeded Wall Street's revenue and earnings expectations for the period.

DKNG Stock Takes Off as DraftKings Raises Guidance

DraftKings Inc. (NASDAQ:DKNG ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Stanton Dodge - Chief Legal Officer Jason Robins - Co-Founder, Chief Executive Officer & Chairman Jason Park - Chief Financial Officer Conference Call Participants Michael Graham - Canaccord Shaun Kelley - Bank of America Jason Bazinet - Citi David Katz - Jefferies Carlo Santarelli - Deutsche Bank Ed Young - Morgan Stanley Jed Kelly - Oppenheimer Joe Stauff - Susquehanna Daniel Politzer - Wells Fargo Joe Greff - JPMorgan Chad Beynon - Macquarie Robin Farley - UBS Bernie McTernan - Needham Brandt Montour - Barclays Jordan Bender - JMP Securities Operator Thank you for standing by. Welcome to the DraftKings' Q2 Earnings Conference Call.

News for DraftKings Stock (DKNG)