DraftKings Reports Fourth Quarter Revenue of $1,231 Million; Raises 2024 Revenue Guidance Midpoint to $4.775 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $460 Million

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Go back to DraftKings Reports Fourth Quarter Revenue of $1,231 Million; Raises 2024 Revenue Guidance Midpoint to $4.775 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $460 Million

DraftKings (DKNG) hikes 2024 revenue outlook, plans to acquire Jackpot for $750M

February 15, 2024 4:40 PM EST

DraftKings Inc (NASDAQ: DKNG) released its financial results for the fiscal fourth quarter and raised its guidance for the 2024 year.

Shares fell more than 3% in after-hours trading.

The company reported earnings per share (EPS) of $0.29, topping the consensus estimates of $0.08. Revenue came in at... More

DraftKings (DKNG) Tops Q4 EPS by 21c, Raises FY Revenue Guidance

February 15, 2024 4:27 PM EST

DraftKings (NASDAQ: DKNG) reported Q4 EPS of $0.29, $0.21 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

DraftKings sees FY2024 revenue of $4.65-4.9 billion, versus the consensus of $4.69 billion.

DraftKings is raising its fiscal year 2024 revenue... More