Super App Launch and Customer Growth Drive New Outlook

DraftKings (NASDAQ:DKNG) reported a revenue of $1.44 billion for the second quarter of 2026, a 4.6% year-over-year decline that missed analyst expectations of $1.51 billion. Despite the revenue miss and an adjusted earnings per share of $0.09—down 53.1% from consensus estimates—the company reconfirmed its full-year revenue guidance of $6.7 billion and raised its EBITDA outlook … Read more