DraftKings Stock Surges Despite Q4 Revenue Miss
Generado por agente de IAWesley Park
jueves, 13 de febrero de 2025, 5:04 pm ET1 min de lectura
AR--
In an unexpected turn of events, DraftKings Inc. (NASDAQ: DKNG) shares soared by 7.3% after hours on Thursday, despite missing fourth-quarter revenue estimates. The sports betting and gaming company reported revenue of $1.39 billion, falling short of analyst estimates of $1.43 billion. However, the company's positive adjusted earnings and strong customer engagement seemed to outweigh the revenue miss, driving the stock's impressive performance.
The company's fourth-quarter results were driven by continued healthy customer engagement, efficient acquisition of new customers, and the expansion of its sportsbook offering into new jurisdictions. Monthly unique payers (MUPs) increased by 36% year-over-year to 4.8 million, reflecting strong unique player acquisition and retention across DraftKings' Sportsbook and iGaming products. However, average revenue per MUP (ARPMUP) decreased by 16% year-over-year to $97, primarily due to lower ARPMUP for Jackpocket customers and lower actual sportsbook hold rates due to customer-friendly sport outcomes.
Despite the revenue miss, DraftKings raised its full-year 2025 revenue guidance midpoint to $6.45 billion from $6.4 billion, representing approximately 35% year-over-year growth. The company also reaffirmed its full-year 2025 adjusted EBITDA guidance range of $900 million to $1.0 billion. DraftKings' strong customer engagement and positive adjusted earnings suggest that the company is well-positioned to drive sustainable growth in revenue and profitability in the coming years.
In an interview with CNBC, DraftKings CEO Jason Robins discussed the company's Q4 results and outlook for 2025. He emphasized the company's focus on driving sustainable growth in revenue and profitability through initiatives such as extending its lead in live betting and advancing cross-selling efforts to and from new verticals. Robins also highlighted the company's strong customer engagement and retention, as well as its positive adjusted earnings, as key factors contributing to the stock's strong performance despite the revenue miss.
In conclusion, DraftKings' stock surged by 7.3% after hours on Thursday, despite missing fourth-quarter revenue estimates. The company's positive adjusted earnings and strong customer engagement seemed to outweigh the revenue miss, driving the stock's impressive performance. Looking ahead, DraftKings is well-positioned to drive sustainable growth in revenue and profitability through its focus on live betting, cross-selling efforts, and strong customer engagement.
DKNG--
In an unexpected turn of events, DraftKings Inc. (NASDAQ: DKNG) shares soared by 7.3% after hours on Thursday, despite missing fourth-quarter revenue estimates. The sports betting and gaming company reported revenue of $1.39 billion, falling short of analyst estimates of $1.43 billion. However, the company's positive adjusted earnings and strong customer engagement seemed to outweigh the revenue miss, driving the stock's impressive performance.
The company's fourth-quarter results were driven by continued healthy customer engagement, efficient acquisition of new customers, and the expansion of its sportsbook offering into new jurisdictions. Monthly unique payers (MUPs) increased by 36% year-over-year to 4.8 million, reflecting strong unique player acquisition and retention across DraftKings' Sportsbook and iGaming products. However, average revenue per MUP (ARPMUP) decreased by 16% year-over-year to $97, primarily due to lower ARPMUP for Jackpocket customers and lower actual sportsbook hold rates due to customer-friendly sport outcomes.
Despite the revenue miss, DraftKings raised its full-year 2025 revenue guidance midpoint to $6.45 billion from $6.4 billion, representing approximately 35% year-over-year growth. The company also reaffirmed its full-year 2025 adjusted EBITDA guidance range of $900 million to $1.0 billion. DraftKings' strong customer engagement and positive adjusted earnings suggest that the company is well-positioned to drive sustainable growth in revenue and profitability in the coming years.
In an interview with CNBC, DraftKings CEO Jason Robins discussed the company's Q4 results and outlook for 2025. He emphasized the company's focus on driving sustainable growth in revenue and profitability through initiatives such as extending its lead in live betting and advancing cross-selling efforts to and from new verticals. Robins also highlighted the company's strong customer engagement and retention, as well as its positive adjusted earnings, as key factors contributing to the stock's strong performance despite the revenue miss.
In conclusion, DraftKings' stock surged by 7.3% after hours on Thursday, despite missing fourth-quarter revenue estimates. The company's positive adjusted earnings and strong customer engagement seemed to outweigh the revenue miss, driving the stock's impressive performance. Looking ahead, DraftKings is well-positioned to drive sustainable growth in revenue and profitability through its focus on live betting, cross-selling efforts, and strong customer engagement.
Divulgación editorial y transparencia de la IA: Ainvest News utiliza tecnología avanzada de Modelos de Lenguaje Largo (LLM) para sintetizar y analizar datos de mercado en tiempo real. Para garantizar los más altos estándares de integridad, cada artículo se somete a un riguroso proceso de verificación con participación humana.
Mientras la IA asiste en el procesamiento de datos y la redacción inicial, un miembro editorial profesional de Ainvest revisa, verifica y aprueba de forma independiente todo el contenido para garantizar su precisión y cumplimiento con los estándares editoriales de Ainvest Fintech Inc. Esta supervisión humana está diseñada para mitigar las alucinaciones de la IA y garantizar el contexto financiero.
Advertencia sobre inversiones: Este contenido se proporciona únicamente con fines informativos y no constituye asesoramiento profesional de inversión, legal o financiero. Los mercados conllevan riesgos inherentes. Se recomienda a los usuarios que realicen una investigación independiente o consulten a un asesor financiero certificado antes de tomar cualquier decisión. Ainvest Fintech Inc. se exime de toda responsabilidad por las acciones tomadas con base en esta información. ¿Encontró un error? Reportar un problema
Comentarios
Aún no hay comentarios