DraftKings Reports YoY Third Quarter Revenue Increase of 136% to $502 million; Raises 2022 Revenue Guidance and Improves 2022 Adjusted EBITDA Guidance; Introduces 2023 Revenue and Adjusted EBITDA Guid

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. SPCX
2. NVDA
3. ACN
4. MU
5. USO
6. GOOGL
7. APGE
8. NAVN
9. DFTX
10. IBM

Go back to DraftKings Reports YoY Third Quarter Revenue Increase of 136% to $502 million; Raises 2022 Revenue Guidance and Improves 2022 Adjusted EBITDA Guidance; Introduces 2023 Revenue and Adjusted EBITDA Guid

DraftKings (DKNG) Stock Falls 15% On Q3 Earnings

November 4, 2022 10:06 AM EDT

DraftKings (NASDAQ: DKNG) stock plunged over 15% at the open Friday following the company's third-quarter results, which saw its top revenue expectations.

The company reported third-quarter revenue of $502 million versus the consensus estimate of $431.02 million, representing a rise of 136% compared to $213 million... More