10 min listen
Earnings Released: DraftKings (DKNG)
FromSchwab Network
ratings:
Length:
5 minutes
Released:
Feb 16, 2023
Format:
Podcast episode
Description
The DraftKings (DKNG) stock is up in the post-market session after their earnings report was released. The sports betting company reported record revenue. DraftKings lost $0.53 per share in the quarter versus the estimate of $0.59. DraftKings also improved its projections for full-year 2023 Adjusted EBITDA. "I am very pleased with how we concluded 2022, with continued top-line growth and a strong focus on expense management,” DraftKings CEO and co-founder Jason Robins said in a release.
Released:
Feb 16, 2023
Format:
Podcast episode
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