Draftkings Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents

Draftkings Inc Q2 2021 Earnings Call Summary

Draftkings Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents
Draftkings Inc Q2 2021 Earnings Call Summary
Published Aug 06, 2021
20 pages (12160 words) — Published Aug 06, 2021
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of DKNG.OQ earnings conference call or presentation 6-Aug-21 12:30pm GMT

  
Brief Excerpt:

...A. Overview: Generated $298m of revenue due to excellent engagement from customers and no discernible adverse impact from reopening of economy. 1. 2. Saw positive legislative momentum continue with several states authorizing mobile sports wagering this year. 3. Continues to make big strides on product and technology, including migration to in-house bet engine. 4. Laying foundation for media and content business. 5. Launching exciting new vertical in non-fungible token industry under brand of DraftKings Marketplace. B. Results: Continued to deliver strong and healthy revenue growth in 2Q21. 1. Revenue increased 297% YoverY to $298m on a pro-forma basis. a. 2. Monthly unique players increased 281% to 1.1m. Avg. revenue per monthly unique player increased 26% to $80. a. 3. YoverY comparisons obviously impacted by COVID. Results strong relative to expectations. a....

  
Report Type:

Brief

Source:
Company:
Draftkings Inc
Ticker
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Draftkings Inc Q2 2021 Earnings Call Summary" Aug 06, 2021. Alacra Store. May 19, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Draftkings-Inc-Earnings-Call-B14923102>
  
APA:
Thomson StreetEvents. (2021). Draftkings Inc Q2 2021 Earnings Call Summary Aug 06, 2021. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Draftkings-Inc-Earnings-Call-B14923102>
  
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