8-K/A
filed August 2, 2024, 7:59 PM ET
ticker DKNG
CIK 0001883685
earnings
confidence high
sentiment neutral
materiality 0.75
DraftKings Q2 rev +26% to $1.1B, corrects GAAP diluted EPS to $0.10, launches $1B buyback
DraftKings Inc.
2024-Q2 EPS reported
-$0.17
revenue$2,279,437,000
- Revenue $1,104M (+26% YoY); MUPs up 50% to 3.1M; ARPMUP $117 (-15%).
- GAAP diluted EPS corrected to $0.10 (vs originally reported $0.12); Adj. EPS $0.22 unchanged.
- 2024 revenue guidance raised to $5.05-5.25B; 2024 Adj. EBITDA guidance cut to $340-420M from $460-540M.
- Board authorized $1.0B share repurchase; plans gaming tax surcharge in high-tax states in 2025.
- Fiscal 2025 Adj. EBITDA guidance maintained at $900M-$1.0B, excluding the planned surcharge.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001883685-24-000030
- form_type
- 8-K/A
- ticker
- DKNG
- cik
- 0001883685
- company_name
- DraftKings Inc.
- filed_at
- 2024-08-02T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:15.098675+00:00
- generated_at
- 2026-05-31T13:31:12.167844+00:00
- sec_items
- ["2.02", "8.01", "9.01"]
- event_type
- earnings
- sentiment
- neutral
- materiality_score
- 0.75
- calibrated_materiality_score
- 0.75
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001883685-24-000030
- json_url
- https://secwatch.observer/filing/0001883685-24-000030.json
- markdown_url
- https://secwatch.observer/filing/0001883685-24-000030.md
- text_url
- https://secwatch.observer/filing/0001883685-24-000030.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1883685/000188368524000030/0001883685-24-000030-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1883685/000188368524000030/dkng-20240801.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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