DraftKings Inc (NASDAQ: DKNG) reported better-than-expected revenue for its fiscal first quarter on Friday. Shares still slid 8.0% as increased expense made it lose more money on a year-over-year basis.
Cifre notabile în raportul de câștiguri al DraftKings T1
- A pierdut 467.7 milioane de dolari în T1 față de cifra de un an în urmă de 346.3 de milioane de dolari.
- Per-share loss of $1.14 was worse than 87 cents a share last year.
- Adjusted per-share loss stood at 74 cents in the recent financial quarter.
- Veniturile au crescut cu 34% la 417 milioane USD, conform comunicatul de presă al câștigurilor.
- Consensus was for adjusted per-share loss of $1.09 on $412 million in revenue.
- Ended the quarter with 2 million monthly unique payers, up 29% YoY.
- $67 of average revenue per payer was 11% higher than the same quarter last year.
DraftKings cited strong customer acquisition, engagement, and retention for top-line growth in fiscal Q1.
Future outlook and CEO’s interview on CNBC
Also on Friday, DraftKings raised its guidance for full-year revenue to $1.93 billion – $2.03 billion on up to $840 million in adjusted EBITDA loss. On „Squawk on the Street” de la CNBC CEO Jason Robbins said:
We haven’t seen any impact on demand due to inflation. We found a number of cost efficiencies and overall, the macroeconomic environment could help sports betting gain more momentum.
The stock is now down 50% for the year. DraftKing’s 2022 outlook doesn’t factor in the Golden Nugget acquisition and the upcoming launch in Ontario, Canada. The chief executive added:
Golden Nugget will add a ton of synergy that’ll eventually make its way to the bottom-line. Ontario will meaningful contribution to profit, and both will grow top-line in this year and beyond.
Mesaj Rezultatele DraftKings T1: „Nu am observat niciun impact al inflației” a apărut în primul rând pe Invezz.
Source: https://invezz.com/news/2022/05/06/draftkings-q1-results-we-havent-seen-any-impact-from-inflation/