Reports Q3 revenue $1.1B, consensus $1.11B. Monthly unique payers increased to 3.6M. Average revenue per monthly unique payer was $103. “DraftKings (DKNG) delivered strong performance in the third quarter with the return of NFL and college football,” said Jason Robins, DraftKings’ Chief Executive Officer and Co-founder. “With major sports converging on the calendar, we are well-positioned to build on this momentum as we further enhance our top-ranked sportsbook app with additional live betting features and exciting new NBA markets. Our focus remains on driving sustainable revenue growth and profitability in 2025 and beyond.”
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Options Volatility and Implied Earnings Moves Today, November 07, 2024
- Jefferies says DraftKings, Flutter winners from gambling ballots passing
- Options Volatility and Implied Earnings Moves This Week, November 04 – November 08, 2024
- Bet On It: Breaking down third quarter earnings
- Nevada reports September statewide gaming win up 3.34% to $1.31B