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Revenue segments as reported by the company.

Online Gaming

Gaming Software

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

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

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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.

Why Shares of DraftKings Plunged 16.2% in June

Draftkings has a solid plan to navigate the Covid-19 crisis, and if the NBA starts earlier than expected, Draftkings stock could advance.
The post DraftKings Stock Is Poised for Tipoff appeared first on InvestorPlace.

DraftKings Stock Is Poised for Tipoff

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It's been about 10 weeks since the DraftKings (NASDAQ: DKNG) initial public offering and while it's fair to say the stock is still hot, having more than tripled from its days as a special purpose acquisition company (SPAC) late last year, shares of the online sports betting firm are in the midst of the first pullback.

3 ETFs For DraftKings Exposure

DraftKing's stock has soared and now has a rich valuation. But it could be well worth the price given the rapid pivot to digital gaming amidst Covid-19.

DraftKings Will Prosper As More States Legalize Online Gaming

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Special purpose acquisition companies (SPACs) and blank check companies have been all the rage in the market this year.

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DraftKings stock has done well with people staying at home, but for it to see real growth, we need to see a return of sports to bet on.
The post For DraftKings Stock, A Lot Rides on the Return of Sports appeared first on InvestorPlace.

For DraftKings Stock, A Lot Rides on the Return of Sports

Can DraftKings Be the Netflix of Online Betting?

On Wednesday morning’s Benzinga PreMarket Prep show, co-host Dennis Dick discussed a strange situation that is unfolding with Draftkings Inc (NASDAQ: DKNG) warrants.

DraftKings Warrant Holders Hit The Jackpot After Confusing Changes To Expiration Date

Major League Eating Tradition Occurring on July 4, 2020: DraftKings Offering $25K Free-to-Play Pool based on Event Major League Eating Tradition Occurring on July 4, 2020: DraftKings Offering $25K Free-to-Play Pool based on Event

DraftKings an Official Partner of the Nathan’s Famous Fourth of July International Hot Dog Eating Contest

If you caught the melt-up phase of DraftKings stock, congratulate yourself on a job well done. But it's far from a good bet going forward.

You Can Look at DraftKings Stock, But Don’t Touch It

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Markets climbed Tuesday morning as big deals continue to get done.

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Online gambling stocks have been on fire, but there's reason to be skeptical about the industry long term.

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The COVID-19 pandemic may have changed what sports and recreation look like in the future, and these three companies should benefit in both the short and long term.

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Discover how the online gambling marketplace has developed since the lifting of federal restrictions.

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The company just sold 46 million shares to the public less than two months after its SPAC IPO. How should investors interpret these actions?

Is DraftKings Insider Selling a Red Flag?

The owners of DraftKings stock are thrilled about the return of sports. But  Penn and FanDuel are competing with DraftKings.

Examining DraftKings’ Competition

BOSTON & CHICAGO--(BUSINESS WIRE)--Today, Stats Perform, the SportsTech leader in data and AI technology, announced a multi-year extension with the digital sports entertainment and gaming provider DraftKings Inc. (Nasdaq: DKNG). The deal provides DraftKings access to Stats Perform’s unparalleled sports data feeds for use in its daily fantasy sports (DFS) contests and DK Live, the company’s play-by-play fantasy app. Through the partnership extension, DraftKings will incorporate Stats Perform dat

DraftKings Extends Deal with Stats Perform to Boost Daily Fantasy Sports Experience

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ServiceNow

Increasingly, the Wall Street firms we cover are starting to agree that while the future is still bright for the U.S.

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Today’s stock market is still worried about the novel coronavirus, but tomorrow’s next big investment in online gambling could be happening right now.
The post 3 Online Gambling Stocks You Shouldn’t Bet Against appeared first on InvestorPlace.

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Believe it or not, investors used to avoid these investment vehicles.

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Oracle

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The week of June 22 saw several insider sells consisting of over one million shares each.

Week of June 22 Sees Major Insider Sells

DraftKings Inc (NASDAQ: DKNG) shares were trading lower on Thursday after Rpii DK LLC decreased its share stake in the company from 8.1% to 6.2%.

Why DraftKings Stock Is Lower Today

This high-flying stock is having a big pullback today.

Why Shares of DraftKings Plunged 8.9% Today

DKNG stock has a good chance to be a long-term winner. But for a number of reasons, investors don't need to be in any rush to buy.

3 Reasons for Short-Term Caution with DraftKings Stock

DraftKings stock has a lot of potential, but avoid diving in now until the hype settles down and regulatory changes materialize. 
The post Avoid DraftKings Stock Until the Hype Settles appeared first on InvestorPlace.

News for DraftKings Stock (DKNG)