Jason Robins, CEO of DraftKings (DKNG), joins Oliver Renick to discuss the direction of the company after reporting mixed earnings. Jason believes DraftKings will move in an uptrend, saying "people are gaining confidence" in its guidance.
The difference between success and failure on Wall Street can be microscopic. Take Draftkings Inc (NASDAQ:DKNG), which saw its shares marked down by almost 6% after-hours following a small Q3 miss after an otherwise spotless report card.
DraftKings Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, sports betting legalization and more.
DraftKings Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, sports betting legalization and more.
DraftKings (DKNG) came out with a quarterly loss of $0.60 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.61 per share a year ago.
DraftKings CEO Jason Robins said the sports betting industry is at a turning point as more people across the country realize they can gamble legally. "We're at a very, you know, important inflection point in the industry," Robins said.
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.
Sports betting and iGaming company DraftKings Inc DKNG reported third-quarter financial results after market close Thursday.
DraftKings reported a worse than expected loss Thursday and lowered its 2024 revenue outlook. DKNG stock is poised to retreat.
Sports betting and online gaming company DraftKings Inc DKNG could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close.
DKNG's third-quarter 2024 performance is likely to have been aided by increased new online sportsbook and iGaming customers.
As the sports betting industry explodes, DraftKings has established itself as one of the premier platforms.