DraftKings Expects To Generate Nearly $1.2B Of Revenue And $150M-$175M Of Adjusted EBITDA In Q4
Portfolio Pulse from Benzinga Newsdesk
DraftKings has projected its Q4 revenue to be nearly $1.2 billion and adjusted EBITDA to be between $150 million and $175 million.
August 04, 2023 | 2:48 pm
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DraftKings' projected Q4 revenue and adjusted EBITDA could potentially influence its stock price.
DraftKings' projected revenue and EBITDA for Q4 are key financial indicators that investors consider when evaluating the company's performance. If the company meets or exceeds these projections, it could positively impact the stock price.
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