DraftKings Reports Second Quarter Revenue of $466 million; Second Quarter B2C Revenue Increases 68% YOY; Revenue Exceeds Midpoint of Guidance by More Than $30 million and Adjusted EBITDA Outperforms M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. SPCX
2. META
3. ABBV
4. SPY
5. FDX
6. IBM
7. MU
8. ACN
9. USO
10. NVDA

Go back to DraftKings Reports Second Quarter Revenue of $466 million; Second Quarter B2C Revenue Increases 68% YOY; Revenue Exceeds Midpoint of Guidance by More Than $30 million and Adjusted EBITDA Outperforms M

Shares of DraftKings (DKNG) Trade Up Following Strong 2Q Report

August 5, 2022 1:33 PM EDT

Shares of DraftKings Inc. (NASDAQ: DKNG) are up more than 12% in mid-day trading Friday after the company reported 2Q results and offered forward-looking commentary during the earnings call.

The sports betting company reported 2Q revenue of $466 million, an increase of 57% compared to $298 million during the same period in 2021. Both revenue and Adjusted EBITDA outperformed the midpoints of their respective guidance ranges... More

DraftKings (DKNG) Extends Gain, Up 15%

August 5, 2022 9:53 AM EDT

DraftKings (NASDAQ: DKNG) Extends Gain, Up 15%

... More

DraftKings (DKNG) Reports Q2 Net Loss of $217.1M

August 5, 2022 7:03 AM EDT

(Updated - August 5, 2022 7:03 AM EDT)

DraftKings (NASDAQ: DKNG) reported Q2 net loss of $217.1 million. Revenue for the quarter came in at $466 million versus the consensus estimate of $435.34 million.

GUIDANCE:

DraftKings sees FY2022 revenue of $2.08-2.18 billion.

For earnings history and earnings-related data on DraftKings (DKNG) click here.

... More