DraftKings Reports Strong Q2 Revenue Despite Limited Sports Calendar

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DraftKings (DKNG) Reports Q2 Loss of $0.55/sh, Offers FY20 Guidance

August 14, 2020 7:01 AM EDT

(Updated - August 14, 2020 7:07 AM EDT)

DraftKings (NASDAQ: DKNG) reported Q2 EPS of ($0.55), versus ($0.15) reported last year. Revenue for the quarter came in at $70.93 million, versus $57.39 million reported last year.

Guidance:

The Company is introducing fiscal year 2020 pro forma revenue... More