DraftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million

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Go back to DraftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million

DraftKings (DKNG) Tops Q4 EPS by 8c, Rvenue Beats; Raises Outlook

February 16, 2023 4:17 PM EST

DraftKings (NASDAQ: DKNG) reported Q4 EPS of ($0.53), $0.08 better than the analyst estimate of ($0.61). Revenue for the quarter came in at $855 million versus the consensus estimate of $798.23 million.

GUIDANCE:

DraftKings raises FY2023 revenue to $2.85-3.05 billion, versus the consensus of $2.95... More