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RomainRoth

Romain Roth

Copiers : 5

2024-05-03

Copiers : 5 Followers : 56 Since Sep22 : +44,5% while SP500 : +30,6% Dear Etorians, $DKNG Reports Q1 Adjusted Profits, Revenue Increases; the revenue outlook for 2024 is revised upwards. $DKNG raised its earnings guidance for fiscal 2024. For the year, the company expects revenue to range from $4.8 billion to $5.0 billion, up from $4.65 billion and $4.90 billion previously announced by the company on February 15, 2024. The company's updated revenue guidance range for 2024 equates to 31% to 36% year-over-year growth. Shares of DraftKings were up nearly 5% after reporting revenue increased during the period. However, the price is down this evening due to profit taking by investors.

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