DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization

August 2, 2024

https://www.globenewswire.com/news-release/2024/08/02/2923526/0/en/DraftKings-Reports-Second-Quarter-Revenue-Growth-of-26-to-1-104-Million-Announces-1-0-Billion-Inaugural-Share-Repurchase-Authorization.html

BOSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) — (revised) — DraftKings Inc. (Nasdaq:DKNG) (“DraftKings” or the “Company”) today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.

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