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DraftKings missed revenue expectations, cut full-year guidance, but beat earnings estimates and boosted share buybacks.
DraftKings reported third-quarter 2025 revenue of $1.14 billion, up 4% year-over-year but below the $1.21 billion analysts expected, and lowered its full-year revenue guidance to $6 billion.
The company posted an adjusted loss of 26 cents per share, better than the expected 42-cent loss, but its adjusted EBITDA missed estimates by 84%.
Monthly unique payers held steady at 3.6 million, and the company doubled its share repurchase program to $2 billion.
Despite a 4.9% stock drop, CEO Jason Robins expressed strong optimism about the company’s future.
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DraftKings no cumplió con las expectativas de ingresos, recortó las previsiones para todo el año, pero superó las estimaciones de ganancias e impulsó las recompras de acciones.