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

Product and technology

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

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Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

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.

DraftKings saw double-digit increases in monthly payers and revenue in the second quarter of this year, the sports wagering platform said in a Friday (Aug. 5) press release.

DraftKings Sees 30% Rise in Monthly Payers

The online sports betting platform boosts its revenue outlook for the year to between $2.08 billion and $2.18 billion.

DraftKings' Raises Forecast on Surprisingly Strong Customer Engagement. Stock Surges.

Shares of DraftKings Inc. DKNG, -2.73% shot up 9.4% toward a four-month high in premarket trading Friday, after the digital sports entertainment and gaming company reported a narrower-than-expected loss, revenue that rose above forecasts and lifted its full-year outlook, saying it is seeing "no perceivable impact" from broader macroeconomic pressures. The net loss narrowed to $217.1 million, or 50 cents a share, from $305.5 million, or 76 cents a share, in the year-ago period.

DraftKings stock shoots up after narrower-than-expected loss, revenue that climbed above forecasts

The company boosts its revenue outlook for the year to between $2.08 billion and $2.18 billion.

DraftKings Raises Its Forecast and the Stock Surges

Raises 2022 revenue guidance and improves 2022 Adjusted EBITDA guidance Raises 2022 revenue guidance and improves 2022 Adjusted EBITDA guidance

DraftKings Reports Second Quarter Revenue of $466 million; Second Quarter B2C Revenue Increases 68% YOY; Revenue Exceeds Midpoint of Guidance by More Than $30 million and Adjusted EBITDA Outperforms Midpoint of Guidance by Almost 40%

The shares of DraftKings Inc. (NASDAQ: DKNG) are in focus this morning, as the sports gambling staple prepares to step into the earnings confessional.

DraftKings Stock Moves Lower Ahead of Earnings

The consensus price target hints at a 73.3% upside potential for DraftKings (DKNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe DraftKings (DKNG) Could Rally 73%: Here's is How to Trade

Canopy Growth

Western Digital

The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials dropped 1.23%, the S&P 500 slipped by 0.67%, and the Nasdaq dipped by 0.16%.

Earnings Previews: Canopy Growth, DraftKings, Western Digital

Online gambling has exploded over the last several years. Simply put, everybody wants to roll the dice.

DraftKings Q2 Preview: Should Investors Bet on an EPS Beat?

Flutter Entertainment PLC

Penn Entertainment

Sports betting stocks are in focus on Tuesday. That follows reports that Massachusetts is set to legalize sports gambling and online games.

Why Are Sports Betting Stocks DKNG, PDYPY, PENN Up Today?

Carnival

Coinbase

Lucid Group

Mullen Automotive

Netflix

PayPal

Roblox

Rivian Automotive

Snap

SoFi Technologies

Block

Investing in stocks looked so easy before the S&P 500 bear market struck. The post 13 Stocks Clobber Gen Z Investors In Their First Bear Market appeared first on Investor's Business Daily.

13 Stocks Clobber Gen Z Investors In Their First Bear Market

Roundhill Sports Betting & iGaming ETF

Caesars Entertainment

VanEck Investment Grade Floating Rate ETF

FuboTV

MGM Resorts

As more states legalize sports betting, the market is growing quickly.

Investing in Sports Betting Stocks

AppHarvest

Rada Electronic

Riot Blockchain

Teladoc

TuSimple Holdings

These seven growth stocks are trading at a discount after the recent market correction and can provide big returns in the next 12-24 months. The post 7 Growth Stocks Trading at a Huge Discount Right Now appeared first on InvestorPlace.

7 Growth Stocks Trading at a Huge Discount Right Now

Robinhood

Cathie Wood has unloaded some of her worst investments, but there are still a number of Cathie Wood stocks to sell.  The post 3 Cathie Wood Stocks to Sell Now appeared first on InvestorPlace.

3 Cathie Wood Stocks to Sell Now

The consensus price target hints at a 107.9% upside potential for DraftKings (DKNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Can DraftKings (DKNG) Climb 108% to Reach the Level Wall Street Analysts Expect?

DraftKings is scheduled to report its Q2 earnings card on August 5. Given the recent macro headwinds, the market will likely parse management's updated guidance on its path to profitability. We observed that DKNG could be at a long-term bottom, as it held its May lows resiliently. Therefore, the price action is looking increasingly constructive.

DraftKings: The Market Has Been Quietly Buying

Beyond Meat

These former highfliers are bouncing back from dramatic six-month price drops thanks to some upbeat economic data.

Why Netflix, DraftKings, and Beyond Meat Are Soaring Today

DraftKings (DKNG) stock is on the rise Friday after the company revealed plans to release its upcoming earnings report on Aug. 5. The post Dear DKNG Stock Fans, Mark Your Calendars for Aug. 5 appeared first on InvestorPlace.

Dear DKNG Stock Fans, Mark Your Calendars for Aug. 5

BOSTON, July 15, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2022 results prior to 8:30AM EDT on August 5, 2022.

DraftKings to Release Second Quarter 2022 Results August 5

The news could change how DraftKings allocates its advertising budget in the future.

Snap and DraftKings Just Shared a Major Win. Which Stock Is the Better Buy?

Roku

Investors are bracing for difficult earnings from these three consumer names.

Why Roku, DraftKings, and Beyond Meat Fell Hard Today

The mania collapsed, but there are a few old fan favorites still kicking. These are three best SPACs to own after this year's correction.

The 3 Best SPACs to Own in 2022

GameStop

The NFT marketplaces of both companies face challenges amid declining NFT sales.

Better NFT Stock: DraftKings vs. GameStop

Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have seen huge interest.

Sports betting stocks: How companies like DraftKings, Caesars performed in June

Analyst Jordan Bender of JPM securities rates both stocks at Outperform.

News for DraftKings Stock (DKNG)