DraftKings Reports Q4 Revenue Of $473 Million

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DraftKings Reports Q4 Revenue Of $473 Million

T-Reuters2022-02-18

DraftKings Inc :Draftkings Reports Fourth Quarter Revenue Of $473 Million; Increases 2022 Revenue Guidance To $1.85 Billion To $2.0 Billion; Introduces 2022 Adjusted Ebitda Guidance.Sees Fy Revenue $1.85 Billion To $2.0 Billion.Q4 Revenue $473 Million.Expects Its Adjusted Ebitda Loss In 2022 To Be Between $825 Million And $925 Million.Draftkings Expects To Be Contribution Profit Positive For Fiscal Year 2022 Across All States Where We Are Currently Live.Qtrly Monthly Unique Payers ("Mups") For Our B2C Segment Increased 32% Compared To Q4 Of 2020.Draftkings - Assuming We Had Not Launched Any Additional States After Dec. 31, Expect We Would Have Generated Positive Adjusted Ebitda In Q4 2022.Q4 Earnings Per Share View $-0.81, Revenue View $445.3 Million -- Refinitiv Ibes Data.Fy2022 Revenue View $1.90 Billion -- Refinitiv Ibes Data.

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JoanneTan
·2022-02-18
And yet the stocks falls.. irony
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