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DraftKings slides after softer-than-expected revenue guidance (DKNG:NASDAQ)

Joe Hendrickson

DraftKings (DKNG) slid in postmarket trading after posting mixed Q4 results and issuing full-year guidance below expectations.

Revenue increased 43.2% year-over-year in Q4 to $1.99B, driven primarily by continued healthy customer engagement, efficient acquisition of new customers, and higher sportsbook net revenue margin.

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