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

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Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

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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

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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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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SG&A

Operating income

EBITDA

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Earnings per share

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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.

Roundhill Sports Betting & iGaming ETF

VanEck Vectors Gaming ETF

Penn Entertainment

As more states legalize sports betting, take a look at these sports betting stocks as investment opportunities in this expanding market. The post 4 Sports Betting Stocks to Wager On Right Now appeared first on InvestorPlace.

4 Sports Betting Stocks to Wager On Right Now

Baidu

Petco Health and Wellness

Zoom Video

With the trading day more than halfway over, the markets were moving higher. Each of the major indexes posted a gain of at least 0.4% on a strong push from the tech sector.

Baidu, DraftKings, Petco, Zoom Video and More Wednesday Afternoon Analyst Calls

DraftKings is one of the leading sports betting apps in the U.S. With still a fraction of its total addressable market unlocked (as measured by states that have legalized sports betting heretofore), there's a long runway ahead for DraftKings.

DraftKings: Bet On The King Of Sports Betting

Hear DraftKings Co-Founder and CEO Jason Robins on the online betting landscape and where his company fits in.

DraftKings CEO Jason Robins Talks About the Business

Moving beyond daily fantasy and into gambling has opened up new opportunities for the company.

How a 2018 Supreme Court Ruling Jumpstarted DraftKings' Growth

The three co-founders needed time to find the right idea.

The DraftKings Origin Story: From Idea to Market Dominance in 8 Years

The CEO sees plenty of untapped markets for his company to enter.

Here's Why DraftKings CEO Jason Robins Believes Growth Can Accelerate From Here

Boeing

Alphabet

Southwest Airlines

Wynn Resorts

Despite the recent volatility in a number of stocks, many are still riding strong trends into the summer. Let's look at these seven hot stocks now.

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CEO Jason Robins believes having control of its tech platform has been "critical" to the company's success.

Why DraftKings Acquired Its Tech Provider

The online sportsbook and daily fantasy sports company is gaining momentum as more states legalize sports betting.

Should You Buy DraftKings Stock After It Crushed Earnings Estimates?

Allstate

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Evotec SE

Las Vegas Sands

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Rush Street Interactive

Sometimes a larger playing field is what it takes to score.

Here Are 2 Great Ways to Make an Investment in Online Betting Less Risky

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Opendoor

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Genius Sports

Golden Nugget Online Gaming

We recommend buying into share price weakness as new states such as Virginia and Michigan continue to ramp. Even though gaming stocks fared poorly in Q1'21, from an underlying fundamentals perspective, revenues continued to impress.

Online Gaming Industry Quarterly Overview

The deal could be the first of its kind for the news organization.

FanDuel Signs Exclusive Sports Odds Deal With Associated Press

Shares of the daily fantasy sports contest and betting operator DraftKings Inc. (NASDAQ:DKNG) on Monday gained 7.24% after news emerged that it showed interest in acquiring WarnerMedia's sports media property, Bleacher Report. Reports also indicate that Discovery Communications Inc. (NASDAQ:DISCA) backed Group Nine Media had shown interest in the sports news platform.

Is DraftKings stock a buy amid rumors of Bleacher Report acquisition?

DraftKings Inc (NASDAQ:DKNG) slammed into resistance Tuesday morning after reversing a months-long downtrend. Bullish sentiment has waned in the online sports betting sector and DraftKings lost 46% of its value before making a bullish break upwards on May 14.

DraftKings Smashes Into Resistance: What's Next?

Netflix

Twitter

Cathie Wood-led Ark Investment Management on Monday bought 731,775 shares, estimated to be worth about $41.76 million, in Twitter Inc (NYSE: TWTR) — a day after The Bill and Melinda Gates Foundation Trust sold its entire stake in the social media company. Shares of Twitter closed 4.81% higher at $57.06 on Monday.

Cathie Wood Buys Another $42M In Twitter Stock, Also Adds DraftKings, Netflix

AMC Entertainment

Beyond Meat

Bitcoin, DraftKings, AMC Entertainment and Beyond Meat were our top stock trades for Tuesday. That said, let's look at the charts now.

4 Top Stock Trades for Tuesday: Bitcoin, DKNG, AMC, BYND

DKNG is one of the market leaders in online sports betting and iGaming. The company reported blistering triple digit top line growth in its latest quarter.

DraftKings Stock Forecast: Is Now A Good Time To Buy?

Fund to Support Innovative Research in Responsible Gaming Launching in Fall 2021 Fund to Support Innovative Research in Responsible Gaming Launching in Fall 2021

DraftKings Provides International Center for Responsible Gaming with Financial Support for First-of-its-kind Sports Wagering Research

DraftKings' shareholders are loving their company because it has all the right buzz words. DraftKings is a "pure play" “first mover" in an industry providing “addictive” products to “sticky” customers. DKNG just delivered over 300% annual stock return at the back of its -$2.63 EPS but 88% annual revenue growth.

DraftKings: The Freshman Year

Defiance Next Gen SPAC Derived ETF

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Expect DraftKings stock to rebound as online sports betting catches on. DKNG stock could be worth 67% more or $74.59 within 4 years based on forecast growth in online gambling.

Expect DraftKings Stock To Rebound As Online Sports Betting Breaks Big

Investors need to pay close attention to DraftKings (DKNG) stock based on the movements in the options market lately.

Implied Volatility Surging for DraftKings (DKNG) Stock Options

DraftKings Named Official Daily Fantasy and Sportsbook Partner of the Prolific Single-Car Team DraftKings Named Official Daily Fantasy and Sportsbook Partner of the Prolific Single-Car Team

News for DraftKings Stock (DKNG)