04:55 PM EDT, 05/08/2025 (MT Newswires) -- DraftKings ( DKNG ) reported Q1 adjusted earnings Thursday of $0.12 per diluted share, up from $0.03 a year earlier.

Analysts polled by FactSet expected $0.07.

Revenue in the three months ended March 31 rose to $1.41 billion from $1.17 billion a year earlier.

Analysts surveyed by FactSet expected $1.43 billion.

The company cut its 2025 revenue guidance to the range of $6.2 billion to $6.4 billion from $6.3 billion to $6.6 billion.

Analysts polled by FactSet expect $6.35 billion.

The company's shares rose 2.2% in after-hours trading.