DraftKings Inc at Needham Technology and Media Conference Transcript

May 17, 2023 / 01:30PM GMT
Bernard Jerome McTernan - Needham & Company, LLC, Research Division - Senior Research Analyst

Well, thank you, everyone, for joining us this morning. My name is Bernie McTernan, the Internet analyst here at Needham & Company. My pleasure to introduce Jason Park, CFO of DraftKings. Thank you so much for joining us.

Jason K. Park - DraftKings Inc. - CFO

No, thank you for having me. I'm thrilled to be here, and thank you for everything you're doing.

Bernard Jerome McTernan - Needham & Company, LLC, Research Division - Senior Research Analyst

Well, great. I guess maybe to start, even though earnings feels like, it was a month ago. What were some of the key highlights and key takeaways for you?

Jason K. Park - DraftKings Inc. - CFO

Yes. So probably 4 things, just excellent revenue growth, acquisition efficiency is better than it's ever been, organization, good balance of revenue growth and cost efficiency and we're on the cusp of profitability on an adjusted EBITDA

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot