DraftKings(DKNG) - 2024 Q2 - Quarterly Results

DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization Raises 2024 Revenue Guidance Midpoint to $5.15 Billion; Revises 2024 Adjusted EBITDA Guidance Midpoint from $500 Million to $380 Million; Continues to Expect 2025 Adjusted EBITDA in the Range of $900 Million to $1.0 Billion Boston, MA – August 1, 2024 — DraftKings Inc. (Nasdaq: DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 a ...