{"schema_version":"secwatch.filing_event.v1","accession":"0001883685-23-000047","form_type":"8-K","ticker":"DKNG","cik":"0001883685","company_name":"DraftKings Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.280039+00:00","generated_at":"2026-06-09T01:05:59.857380+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"DraftKings Q3 revenue $790M (+57% YoY); raises FY2023 revenue guidance midpoint to $3.695B","bullets":["Net loss $283M ($0.61 per share) vs $450M loss YoY; Adjusted EBITDA loss improved to $94M.","MUPs 2.3M (+40% YoY); ARPMUP $114 (+14% YoY) driven by higher hold and promo efficiency.","FY2023 revenue guidance raised to $3.67-3.72B from $3.46-3.54B; Adjusted EBITDA improved to ($95M)-($115M).","Introduced FY2024 guidance: revenue $4.5-4.8B, Adjusted EBITDA $350-450M.","Live in 22 states for sports betting (45% US pop.) and 5 for iGaming (11% US pop.); Kentucky launched Sep 28."],"urls":{"canonical":"https://secwatch.observer/filing/0001883685-23-000047","json":"https://secwatch.observer/filing/0001883685-23-000047.json","markdown":"https://secwatch.observer/filing/0001883685-23-000047.md","text":"https://secwatch.observer/filing/0001883685-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883685/000188368523000047/0001883685-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883685/000188368523000047/dkng-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:05:59.857380+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3872cd7d1c8009cdf009b69bfdc5896c704bd243","claim":"DraftKings Inc. reported the quarter ended September 30, 2023 results: revenue $790 million. Guidance raised.","evidence_excerpt":"raftKings Reports Third Quarter Revenue of $790 Million; Raises 2023 Revenue Guidance Midpoint to $3.695 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($105) Million Introduces Fiscal Year 2024 Revenue Guidance of $4.5 Billion to $4.8 Billion and Fiscal Year 2024 Adjusted EBITDA Guidance of $350 Million to $450 Million Boston, MA – November 2, 2023 — DraftKings Inc.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1883685/000188368523000047/0001883685-23-000047-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$790 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}