Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

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Revenue Segments

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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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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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.

The problem is with DraftKings' technology partner, SBTech, which short-sellers at Hindenburg Research say still does business where gambling is illegal. The post It's Time to Back Away From DraftKings Stock appeared first on InvestorPlace.

It's Time to Back Away From DraftKings Stock

One Stop Systems

Skillz

StoneCo

These four stocks are providing solutions in innovative markets.

My Take: 4 Cheap Growth Stocks to Buy This Week

NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DraftKings, Inc. (NASDAQ: DKNG) on behalf of DraftKings stockholders. Our investigation concerns whether DraftKings has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. Hindenburg Research (“Hindenburg”) published a report on June 15, 2021, addressing DraftKings

DRAFTKINGS ALERT: Bragar Eagel & Squire, P.C. is Investigating DraftKings, Inc. on Behalf of DraftKings Stockholders and Encourages Investors to Contact the Firm

AMC Entertainment

Bed Bath & Beyond

Beyond Meat

Chewy

Clean Energy Fuels

Canoo

Tilray Brands

TuSimple Holdings

Wish

There's no telling how high social momentum can take stocks, or how far they'll dip after investors who bought on hype look for the exit. Thankfully, the aforementioned companies are solid and should experience solid growth eventually.

10 Meme Stocks to Buy After They Leave the Spotlight

The company has an existing player database and a bonus strategy that many investors may not be aware of.

2 Reasons Why DraftKings Can Grow More Easily Than You Think

Roku

The popular investment manager has deemed these two growth stocks worthy of inclusion in her portfolio of holdings.

2 Cathie Wood Stocks to Consider if the Stock Market Crashes

Los Angeles, California--(Newsfile Corp. - June 17, 2021) -  The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ: DKNG) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. DraftKings is the subject of a report published by Hindenburg Research on...

ONGOING INVESTIGATION: The Schall Law Firm Announces it is Investigating Claims Against DraftKings Inc. and Encourages Investors with Losses to Contact the Firm

Ping Identity Holding Corp

The first is an identity authentication company, and the second is an online betting platform.

2 Strong Stocks That Took a Dive This Week

MGM Resorts

Flutter Entertainment PLC

The state of Michigan is considered key for the online sports betting market as the most populous state where operations have launched. The state has 12 online sports betting operators.

Michigan Online Sports Betting: Big 3 Continue To Dominate, Barstool Sports Loses More Market Share

Cathie Wood's Ark Invest bought $42.2 million worth of DraftKings Inc (NASDAQ: DKNG) shares on Wednesday. The stock opened at $48.89 per share and is currently exchanging hands at $49.50 per share.

Cathie Wood just bought $42M of DraftKings stock, here's where you can buy instantly

Online gambling company DraftKings Inc. (NASDAQ:DKNG) shares fell sharply on Tuesday morning to extend Monday losses before bouncing back later. The stock price created a downward price gap after Hindenburg Research warned about its recent merger with SBTech, another online gambling company linked with illegal gambling.

Credit Suisse says DraftKings sell-off is overdone: time to buy?

DraftKings (DKNG) stock is caught up in a whirlwind lately after short-seller Hindenburg Research launched an attack on it yesterday. The post Is DKNG Stock a Buy After the DraftKings Hindenburg Research Attack?

Is DKNG Stock a Buy After the DraftKings Hindenburg Research Attack?

Two of Cathie Wood's ETFs bought a combined 870,299 shares of DraftKings worth some $42.2 million as of Tuesday's closing price

Cathie Wood's Ark ETFs bought the dip in DraftKings after a short-seller report sent shares tanking

A couple of the ARK exchange-traded funds run by ETF star Cathie Wood made huge purchases on Tuesday.

Cathie Wood's ARK Invest Buys Over 850,000 Shares of DraftKings

ARK Invest, the fund run by star stock picker Cathie Wood, swooped at an opportunity to ‘buy the dip' in shares of DraftKings Inc (NASDAQ:DKNG) after the fantasy sports firm saw its stock price knocked by a broadside from short seller Hindenburg Research. The firm found itself under pressure after Hindenburg released a report on Tuesday stating that it had taken a short position against the company and questioned the source of revenues for its subsidiary SBTech.

ARK Invest ‘buys the dip' at DraftKings following short seller broadside

Ark Invest disclosed that it purchased DraftKings shares worth $42 million on Tuesday, the same day the short-selling research firm Hindenburg alleged the company's gambling-technology unit operates in countries where gambling is banned. DraftKings says the subsidiary, SBTech, does not operate in any illegal market.

Ark Invest snapped up DraftKings stock after short-selling firm alleged illegal activity

Cathie Wood-led Ark Investment Management on Tuesday snapped up 870,299 shares, estimated to be worth about $42.2 million, in DraftKings Inc (NASDAQ: DKNG) on the day shares of the sports betting company fell after it became the latest target of short seller Hindenburg Research. Shares of the Boston, Massachusetts-based company closed 4.17% lower at $48.51 on Tuesday after the publication of a Hindenburg report named “A $21 billion SPAC betting it can hide its black market operations,” claiming the company's fully-owned unit SBTech to be a red flag within the DraftKings business.

Cathie Wood Loads Up $42M In DraftKings As Shares Drop On Short-Seller Report

SAN DIEGO, June 15, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by DraftKings Inc. ("DraftKings" or the "Company") (NASDAQ: DKNG). Last year DraftKings went public in a 3-way merger between DraftKings, its SPAC sponsor, and a Bulgaria-based gaming technology company called SBTech.

(DKNG) Alert: Did You Lose Money on Your DraftKings Investment? Contact Johnson Fistel Regarding Investigation

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of DraftKings Inc. (“DraftKings” or the “Company”) (NASDAQ: DKNG) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your DraftKings investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

"This report is written by someone who is short on DraftKings stock with an incentive to drive down the share price," DraftKings said in a response to Hindenburg's report.

DraftKings sinks 12% after short-seller report claims online sports betting company is hiding illegal activity

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of DraftKings Inc. (NASDAQ:DKNG) resulting from allegations that DraftKings may have issued materially misleading business information to the investing public. SO WHAT: If you purchased DraftKings securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement

DKNG BREAKING INVESTOR ALERT: Rosen Law Firm Encourages DraftKings Inc. Investors With Losses Exceeding $100K to Inquire About Class Action Investigation – DKNG

Stocks are extending their pullback this week, as the Fed meeting  looms over Wall Street.

DraftKings Stock Blasted by Short Seller Note

Today, DKNG stock has dropped significantly on a short report released by Hindenburg Research that makes some harsh accusations. The post DKNG Stock: Why r/WallStreetBets Is Rallying Behind DraftKings Today appeared first on InvestorPlace.

DKNG Stock: Why r/WallStreetBets Is Rallying Behind DraftKings Today

LOS ANGELES--(BUSINESS WIRE)---- $DKNG #investors--The Law Offices of Frank R. Cruz Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

New York, New York--(Newsfile Corp. - June 15, 2021) -  Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of DraftKings Inc. common stock (NASDAQ: DKNG).In December 2019, Diamond Eagle Acquisition Corp., a special purpose acquisition company (SPAC), announced it had entered into a 3-way merger with (1) DraftKings, and (2) a Bulgaria-based gaming technology company called SBTech, enabling DraftKings and SBTech to go public.The merger was approved by a majority...

News for DraftKings Stock (DKNG)