DraftKings Reports $466M Quarter, Raises Guidance

1 week ago
DraftKings Reports $466M Quarter, Raises Guidance

Published Friday 5 August 2022

DraftKings raised its full-year revenue guidance Friday after the sportsbook and fantasy sports giant exceeded expectations in its latest earnings report. The Boston-based company generated $466 million in revenue in Q2 2022 — a 57% increase year-over-year — surpassing Wall Street estimates of $438 million in revenue....

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