DraftKings Inc. - Ordinary Shares - Class A

NASDAQ:DKNG   4:00:00 PM EDT
14.20
-0.63 (-4.25%)
7:59:56 PM EDT: $14.25 +0.05 (+0.35%)
Positive Earnings Pre-Announcement

Draftkings Reports Third Quarter Results, Raises Guidance

Published: 11/04/2022 11:19 GMT
DraftKings Inc. - Ordinary Shares - Class A (DKNG) - 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.
Raising Its Fiscal Year 2022 Revenue Guidance to a Range of $2.16 Billion to $2.19 Billion.
Introducing Fiscal Year 2023 Revenue Guidance of a Range of $2.8 Billion to $3.0 Billion.
Q3 Revenue View $437.2 Million -- Refinitiv Ibes Data (analyst estimates).
FY2022 Revenue View $2.14 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $791.89 Million
Adjusted EPS is expected to be -$0.60

Next Quarter Revenue Guidance is expected to be $644.63 Million
Next Quarter EPS Guidance is expected to be -$0.80

More details on our Analysts Page.