DraftKings (DKNG) reported Q2 adjusted earnings late Thursday of $0.09 per diluted share, down from $0.38 a year earlier.
Analysts polled by FactSet expected $0.17.
Revenue for the three months ended June 30 was $1.44 billion, down from $1.51 billion a year earlier.
Analysts expected $1.51 billion.
For full-year 2026, the company reaffirmed its revenue guidance of $6.5 billion to $6.9 billion. Analysts expect $6.72 billion.