DraftKings (DKNG) Misses Q1 EPS by 8c, Updates Guidance

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Go back to DraftKings (DKNG) Misses Q1 EPS by 8c, Updates Guidance

DraftKings Reports First Quarter Revenue of $1,409 Million

May 8, 2025 4:15 PM EDT

BOSTON, May 08, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (DraftKings or the Company) today announced its first quarter 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.

First Quarter 2025 Highlights
For the three months ended March 31, 2025, DraftKings reported revenue of $1,409 million, an increase of $234 million, or 20%, compared to $1,175 million during the same period in 2024. The increase in the Companys first quarter 2025 revenue was driven primarily by continued healthy customer engagement,... More