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

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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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Cost of revenue

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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.

DraftKings has a lofty valuation and shares have been resilient as of late. As a result, let's keep this on the radar and buy the dip.

Sell Draftkings Stock? Wait for a Pullback First

The online sports betting company is partnering with a Michigan casino operator to expand into the state.

DraftKings Brings Its Sportsbook Mobile App and Retail Site to Michigan

Shares of online sports betting platform Draftkings Inc (NASDAQ: DKNG) traded higher after announcing an expansion to the state of Michigan.

DraftKings Moves Higher After Announcing Michigan Expansion

Market Access Deal Will Bring Top-Rated Sportsbook App to the State Market Access Deal Will Bring Top-Rated Sportsbook App to the State

DraftKings Partners With Bay Mills Resort & Casino to Bring Sports Betting to Michigan

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

Do Options Traders Know Something About DraftKings (DKNG) Stock We Don't?

DraftKings stock skyrocketed off the return of pro sports. But with this catalyst baked in, DKNG now has headwinds to face.

DraftKings Is on Too Much of a Hot Streak

Chewy

Royal Caribbean Cruises

DraftKings, RH, Chewy and Royal Caribbean were our top stock trades from Tuesday. That said, here's a look at what the charts have to say.

4 Top Stock Trades for Wednesday: CHWY, DKNG, RCL, RH

I might be wrong, but DraftKings seems to be the perfect mix of a business with strong consumer demand and interest, combined with the technological savvy to deliver a customer experience that is through the roof. 
The post As it Keeps Winning, DraftKings Stock Has Become a Poster Child for SPACs appeared first on InvestorPlace.

As it Keeps Winning, DraftKings Stock Has Become a Poster Child for SPACs

Investors are ignoring one of the biggest risks around with this recently-minted high-flyer.

Here's Why I'd Avoid DraftKings Stock Like the Plague

Datadog

Twilio

A pair of cloud-based platforms and a recent Wall Street debutante soared at least 50% in May.

3 Tech Stocks You Should've Bought a Month Ago

DraftKings stock is flying high after its hotly anticipated IPO. Here's how you can get paid to buy it at a discount to today's lofty price.

The Best Way to Play DraftKings Stock While It Soars Higher

Shares of DraftKings rose 6 percent yesterday after the provider of online sports wagering and fantasy games announced that it had expanded its partnership with content provider Sportsradar to provide life sports streaming through its mobile Sportsbook app.

Is Draft Kings Stock Immune From Coronavirus Pandemic?

DraftKings stock will be boosted by the popularity of iGaming and the resumption of professional sports leagues
The post DraftKings Stock Will Keep Benefitting from Multiple Strong Trends appeared first on InvestorPlace.
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DraftKings Stock Will Keep Benefitting from Multiple Strong Trends

The sports-betting company is gambling on a live-streaming video service.

Why DraftKings Shot Up Almost 6% on Thursday

DraftKings Inc (NASDAQ: DKNG) shares are trading higher on Thursday. The company announced it has entered into a partnership with Sportrader.

Why DraftKings Is Trading Higher Today

New Capabilities Further Fan Experience to Watch Live Games and Place Real-Time Bets Within Leading Sportsbook App New Capabilities Further Fan Experience to Watch Live Games and Place Real-Time Bets Within Leading Sportsbook App

DraftKings Sportsbook Expands Partnership with Sportradar to Launch Mobile Live Streaming

NIKE

Penn Entertainment

Several sports seasons have been canceled because of the coronavirus -- but these three sports stocks are still poised for a bull run.

3 Sports Stocks to Buy in May

The online sports gambling company's CEO says in-game betting is its "No. 1 focus."

DraftKings Is Betting on In-Game Betting

Disney

Gan Ltd

After months without live sports, it looks as though America’s favorite pastimes are on the cusp of returning.

4 Stocks Poised To Breakout With The Return Of Live Sports

Draftkings stock offers investors a compelling way to bet on online sports gambling, but enthusiastic investors have driven the share price too high. It's worthwhile to wait for a pullback.

Why Patience Is Key When It Comes to DraftKings Stock

With live sporting events returning, even without fans, the games themselves represent a viable opportunity for DraftKings stock.
The post It’s Not a Fantasy to Believe in DraftKings appeared first on InvestorPlace.

It’s Not a Fantasy to Believe in DraftKings

BOSTON, May  27, 2020  (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that it will redeem all of its outstanding public warrants to purchase shares of DraftKings’ Class A common stock that were issued under the Warrant Agreement, dated as of May 10, 2019 (the “Warrant Agreement”), by and among Diamond Eagle Acquisition Corp. and Continental Stock Transfer & Trust Company, as warrant agent and transfer agent (as assigned to and assumed by DraftKings and Computershare Trust Company, N.A., a federally chartered trust company, and Computershare Inc., a Delaware corporation (collectively, “Computershare”), as warrant agent and transfer agent, pursuant to that certain Assignment and Assumption Agreement, dated as of April 23, 2020), and that remain outstanding following 5:00 p.m. New York City time on June 26, 2020 for a redemption price of $0.01 per warrant. Warrants that were issued under the Warrant Agreement in a private placement and held by the founders of Diamond Eagle Acquisition Corp. and former shareholders of DraftKings Inc., a Delaware corporation, are not subject to this redemption.

DraftKings Announces Redemption of Public Warrants

In a big bounce-back day for the overall markets, investors continued to take a gamble on DraftKings Inc (NASDAQ: DKNG).

Investors Win Big On DraftKings After Stock's 15% Rally

DraftKings stock is soaring in its brief life as a public company and waiting for a pullback could prove difficult.
The post DraftKings Stock Remains a Good Bet on a Pullback appeared first on InvestorPlace.

DraftKings Stock Remains a Good Bet on a Pullback

In the anticipation for the full return of sports, DraftKings stock has skyrocketed. The long-term narrative is viable but be sure to pick up shares only when they’re on discount.

News for DraftKings Stock (DKNG)