DraftKings (Nasdaq: DKNG) Earnings Live: Will This Be a Blockbuster Quarter?

247wallst
2025.05.08 14:13
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DraftKings (Nasdaq: DKNG) is set to report its first-quarter earnings, following a quarter boosted by the Super Bowl and March Madness. The company shows strong customer acquisition and stabilizing hold rates, but profitability and promotional discipline are key concerns for investors. CEO Jason Robins emphasizes product innovation and integration of acquisitions. Analysts will focus on iGaming growth, lottery ramp-up, and cost management. DKNG projects $6.45 billion in revenue and up to $1 billion in EBITDA for the year, making Q1 a critical test for operational execution.