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DraftKings (NASDAQ:DKNG) Reports Sales Below Analyst Estimates In Q4 Earnings

Fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell short of analysts' expectations in Q4 FY2023, with revenue up 43.9% year on year to $1.23 billion. On the other hand, the company's full-year revenue guidance of $4.78 billion at the midpoint came in 2.3% above analysts' estimates. It made a non-GAAP profit of $0.29 per share, improving from its loss of $0.17 per share in the same quarter last year.
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Source: yahoo.com

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DraftKings Delivers Positive Adjusted EBITDA in Second Quarter; Reports Revenue of $875 Million; Raises 2023 Revenue Guidance Midpoint by $315 Million to $3.5 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint by $110 Million to ($205) Million

BOSTON, Aug. 03, 2023 -- DraftKings Inc. today announced its second quarter 2023 financial results. The Company also posted a second quarter 2023 business update and an earnings presentation on...
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Analysts Are Increasing Price Targets of These 10 Stocks

In this article, we will discuss the 10 stocks whose price targets were recently raised by analysts. If you want to see more such stocks on the list, go directly to Analysts Are Increasing Price Targets of These 5 Stocks. A prominent bearish strategist on Wall Street has expressed concerns about the US equity market, suggesting […]
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Source: yahoo.com

DraftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million

16.02.2023 - Expects to Exit Fiscal Year 2023 with More Than $700 Million in Cash and Generate Positive Adjusted EBITDA in Fiscal Year 2024BOSTON, Feb. 16, 2023 (GLOBE NEWSWIRE) - DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced ...
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DraftKings Reports YoY Third Quarter Revenue Increase of 136% to $502 million; Raises 2022 Revenue Guidance and Improves 2022 Adjusted EBITDA Guidance; Introduces 2023 Revenue and Adjusted EBITDA Guidance

BOSTON, Nov. 04, 2022 -- DraftKings Inc. today reported its third quarter 2022 financial results. Third Quarter 2022 Highlights For the three months ended September 30, 2022, DraftKings... | November 4, 2022
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