How did DraftKings' revenue and expenses trend in Q3 2024?

DraftKings' revenue and expenses in Q3 2024 showed significant trends:

1. Revenue Trend: DraftKings experienced a substantial increase in revenue, with a reported $3.32 billion in revenue by business segment. This represents a significant growth rate of 411.72% compared to the last year's revenue. The company's focus on gaming software, online gaming, and other segments contributed to this substantial revenue growth.

2. Expense Trend: The company's operating expenses, research and development expenses, and general and administrative expenses totaled $103.58 million in operating expenses and $548.07 million in research and development expenses. The report end date for these figures is September 30, 2024.

In conclusion, DraftKings saw a dramatic rise in revenue during Q3 2024, which was accompanied by increased operating and development expenses. This indicates a period of significant investment and growth for the company.