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

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Year over year growth in Revenue and Operating Expenses.

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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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EBITDA

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Free cash flow

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 (DKNG) stock is caught up in a whirlwind lately after short-seller Hindenburg Research launched an attack on it yesterday. The post Is DKNG Stock a Buy After the DraftKings Hindenburg Research Attack?

Is DKNG Stock a Buy After the DraftKings Hindenburg Research Attack?

Two of Cathie Wood's ETFs bought a combined 870,299 shares of DraftKings worth some $42.2 million as of Tuesday's closing price

Cathie Wood's Ark ETFs bought the dip in DraftKings after a short-seller report sent shares tanking

A couple of the ARK exchange-traded funds run by ETF star Cathie Wood made huge purchases on Tuesday.

Cathie Wood's ARK Invest Buys Over 850,000 Shares of DraftKings

ARK Invest, the fund run by star stock picker Cathie Wood, swooped at an opportunity to ‘buy the dip' in shares of DraftKings Inc (NASDAQ:DKNG) after the fantasy sports firm saw its stock price knocked by a broadside from short seller Hindenburg Research. The firm found itself under pressure after Hindenburg released a report on Tuesday stating that it had taken a short position against the company and questioned the source of revenues for its subsidiary SBTech.

ARK Invest ‘buys the dip' at DraftKings following short seller broadside

Ark Invest disclosed that it purchased DraftKings shares worth $42 million on Tuesday, the same day the short-selling research firm Hindenburg alleged the company's gambling-technology unit operates in countries where gambling is banned. DraftKings says the subsidiary, SBTech, does not operate in any illegal market.

Ark Invest snapped up DraftKings stock after short-selling firm alleged illegal activity

Cathie Wood-led Ark Investment Management on Tuesday snapped up 870,299 shares, estimated to be worth about $42.2 million, in DraftKings Inc (NASDAQ: DKNG) on the day shares of the sports betting company fell after it became the latest target of short seller Hindenburg Research. Shares of the Boston, Massachusetts-based company closed 4.17% lower at $48.51 on Tuesday after the publication of a Hindenburg report named “A $21 billion SPAC betting it can hide its black market operations,” claiming the company's fully-owned unit SBTech to be a red flag within the DraftKings business.

Cathie Wood Loads Up $42M In DraftKings As Shares Drop On Short-Seller Report

SAN DIEGO, June 15, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by DraftKings Inc. ("DraftKings" or the "Company") (NASDAQ: DKNG). Last year DraftKings went public in a 3-way merger between DraftKings, its SPAC sponsor, and a Bulgaria-based gaming technology company called SBTech.

(DKNG) Alert: Did You Lose Money on Your DraftKings Investment? Contact Johnson Fistel Regarding Investigation

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of DraftKings Inc. (“DraftKings” or the “Company”) (NASDAQ: DKNG) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your DraftKings investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

"This report is written by someone who is short on DraftKings stock with an incentive to drive down the share price," DraftKings said in a response to Hindenburg's report.

DraftKings sinks 12% after short-seller report claims online sports betting company is hiding illegal activity

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of DraftKings Inc. (NASDAQ:DKNG) resulting from allegations that DraftKings may have issued materially misleading business information to the investing public. SO WHAT: If you purchased DraftKings securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement

DKNG BREAKING INVESTOR ALERT: Rosen Law Firm Encourages DraftKings Inc. Investors With Losses Exceeding $100K to Inquire About Class Action Investigation – DKNG

Stocks are extending their pullback this week, as the Fed meeting  looms over Wall Street.

DraftKings Stock Blasted by Short Seller Note

Today, DKNG stock has dropped significantly on a short report released by Hindenburg Research that makes some harsh accusations. The post DKNG Stock: Why r/WallStreetBets Is Rallying Behind DraftKings Today appeared first on InvestorPlace.

DKNG Stock: Why r/WallStreetBets Is Rallying Behind DraftKings Today

LOS ANGELES--(BUSINESS WIRE)---- $DKNG #investors--The Law Offices of Frank R. Cruz Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

New York, New York--(Newsfile Corp. - June 15, 2021) -  Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of DraftKings Inc. common stock (NASDAQ: DKNG).In December 2019, Diamond Eagle Acquisition Corp., a special purpose acquisition company (SPAC), announced it had entered into a 3-way merger with (1) DraftKings, and (2) a Bulgaria-based gaming technology company called SBTech, enabling DraftKings and SBTech to go public.The merger was approved by a majority...

Wolf Popper LLP Announces Investigation on Behalf of Investors in DraftKings Inc.

The stock price of DraftKings Inc (NASDAQ: DKNG) fell by over 4% during intraday trading. This is why it happened.

DKNG Stock Price Falls Over 4%: Why It Happened

DraftKings is disputing improper allegations over its business operations made by short-seller Hindenburg Research.

DraftKings fires back at Hindenburg allegations

NEW YORK, June 15, 2021 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of DraftKings Inc. ("DraftKings" or the "Company") (NASDAQ: DKNG) resulting from allegations that DraftKings might have issued misleading information to the investing public. If you purchased DraftKings securities, and/or would like to discuss your legal rights and options please visit DraftKings Shareholder Investigation or contact Joseph R.

DKNG INVESTIGATION ALERT: Bernstein Liebhard is Investigating DraftKings Inc. for Violations of the Securities Laws

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of DraftKings Inc. (“DraftKings” or the “Company”) (NASDAQ: DKNG) investors concerning the Company's possible violations of federal securities laws. On June 15, 2021, before the market opened, Hindenburg Research published a report calling DraftKings “a $21 billion SPAC betting it can hide its black market operations.” The report cited concerns over its merger with SBTech, a Bulgaria-based gaming

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of DraftKings Inc. (DKNG) on Behalf of Investors

Shares of sports betting powerhouse DraftKings tanked Tuesday morning as a short seller alleged the company has exposure to international black-market gambling and organized crime.

DraftKings stock falls after Hindenburg Research warns of black market link

DraftKings Inc. (NASDAQ:DKNG) shares traded lower Tuesday after short seller Hindenburg Research published a short report on the stock. DraftKings was down 6% at $47.60 at last check.

What's Next After DraftKings Cracked The Uptrend It's In?

Shares of sports betting giant DraftKings tumbled in early trading Tuesday after a prominent research firm accused the company of hiding alleged ties to illegal gaming operations.

DraftKings tumbles after research firm alleges black market ties

A new short report from Hindenburg Research claims that a portion of DraftKings business comes from black markets. But we don't see any reason to freak out.

Black Market Allegations Create a Buying Opportunity for DraftKings Stock

DraftKings (DKNG) stock is falling on Tuesday after the company was the target of a recent note from short-seller Hindenburg Research. The post DKNG Stock: The ‘Dark' Hindenburg Research Warning Dinging DraftKings Today appeared first on InvestorPlace.

DKNG Stock: The ‘Dark' Hindenburg Research Warning Dinging DraftKings Today

The short seller says up to 50% of DraftKing's SPAC partner SBTech's revenue comes from markets where gambling is banned.

Hindenburg Research reveals DraftKings short position, says company is hiding black market operations

Early Tuesday morning, Hindenburg Research issued a short report on the sports betting company DraftKings Inc (NASDAQ: DKNG). What Happened: In a report called “A $21 billion SPAC betting it can hide its black market operations,” Hindenburg Research targets DraftKings and its fully owned SBTech unit.

News for DraftKings Stock (DKNG)