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Benzinga
Benzinga
Business
Chris Katje

DraftKings Q1 Earnings Highlights: Revenue Beat, Raised Guidance, New NFTs And More

Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) reported first-quarter financial results Friday before the market open. Here are the key highlights and why shares are trading higher.

What Happened: DraftKings reported first-quarter revenue of $417 million, up 34% year-over-year and ahead of a consensus $414.4 million estimate, according to data from Benzinga Pro.

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