DraftKings Meets Guidance with Third Quarter Revenue Growth of 60%; Exceeds 2.1 Million MUPs in September; Increases Midpoint of 2021 Revenue Guidance to $1.26 Billion; Introduces 2022 Revenue Guidanc

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Go back to DraftKings Meets Guidance with Third Quarter Revenue Growth of 60%; Exceeds 2.1 Million MUPs in September; Increases Midpoint of 2021 Revenue Guidance to $1.26 Billion; Introduces 2022 Revenue Guidanc

UPDATE: DraftKings (DKNG) Q3 Revenue Misses Consensus, Offers FY21 and FY22 Guidance

November 5, 2021 7:05 AM EDT

(Updated - November 5, 2021 7:07 AM EDT)

DraftKings (NASDAQ: DKNG) reported Q3 EPS of ($1.35), versus ($1.06) reported last year. Revenue for the quarter came in at $213 million versus the consensus estimate of $236.6 million.

GUIDANCE:

DraftKings sees FY2021 revenue of $1.24-1.28 billion,... More