earnings
confidence high
sentiment positive
materiality 0.80
DraftKings Q1 rev $417M (+34% YoY); raises FY22 rev & EBITDA guidance
DraftKings Inc.
2022-Q1 EPS reported
-$1.14
revenue$417,205,000
- Revenue $417M (+34% YoY); B2C segment rev $404M (+44% YoY).
- MUPs 2.0M (+29% YoY); ARPMUP $67 (+11% YoY).
- Adjusted EBITDA beat Q1 midpoint guidance by >12%.
- FY22 revenue guidance raised to $1.925B–$2.025B (midpoint +$50M).
- FY22 Adj. EBITDA loss guidance improved to $760M–$840M (midpoint +$75M).