DraftKings’ Rookie CFO Has Eventful Start With M&A, Fee Reversal
4 hours ago · DraftKings also pared its full-year revenue forecast to a range of $4.85 billion to $4.95 billion, trailing analysts’ $5.13 billion average estimate, because of “customer-friendly sport ...
Watch DraftKings Thrives as Sports Betting Booms - Bloomberg
4 hours ago · November 14th, 2024, 2:34 AM GMT+0000. Since a 2018 Supreme Court decision legalized sports betting in the US, it's become a $10 billion industry. Boston-based DraftKings is a leader in the sector ...
DraftKings Cuts Its Forecast for 2025 Sales, Profit; Shares Fall
6 days ago · DraftKings Inc., one of the largest-sports betting companies, cuts its full-year estimate for 2024 revenue and profit, citing a tough start to the fourth quarter. The announcement sent the shares ...
Positive Outlook for DraftKings: Buy Rating Supported by …
2 days ago · DraftKings (DKNG – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today.Analyst Lance Vitanza from TD Cowen maintained a Buy rating on the stock ...
DraftKings Reverses After Major Q3 Miss, Cut 2024 Revenue …
5 days ago · The company introduced its 2025 revenue outlook of $6.2 billion to $6.6 billion, representing 31% growth at the midpoint of the updated 2024 range. FactSet analysts expect 2024 revenue of $5.13 ...
DraftKings Inc (DKNG) Q3 2024 Earnings Call Highlights: Strong …
4 days ago · DraftKings Inc (NASDAQ:DKNG) reported a 39% year-over-year revenue growth to $1.095 billion in Q3 2024. The company experienced a 300 basis point improvement in adjusted gross margin year-over-year.
Press Releases - DraftKings Inc.
May 23, 2024 · BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024.
Latest News & Press Releases | About DraftKings
Keep up to date with the latest and greatest DraftKings news stories and press releases.
DraftKings Reports Fourth Quarter Revenue of $1,231 Million; …
Feb 15, 2024 · For the three months ended December 31, 2023, DraftKings reported revenue of $1,231 million, an increase of $376 million, or 44%, compared to $855 million during the same period in 2022.
DraftKings: Taxes Are Yesterday's News, This Is Tomorrow's
2 days ago · Some good news first. The industry itself remains healthy. Sports gambling revenue came to $11 billion in 2023, almost 50% more than the slightly over $7 billion of 2022 and nearly three times the ...