DraftKings (DKNG) reported earnings on Fri 15 May 20 (b/o)

• Flying Eagle (FEAC) launched the Draft Kings (DKNG) IPO at $9 on April 24.
• First pure play in sports betting

** charts after earnings **

 DraftKings reports Q1 results; beats on EPS, reports revs +30% yr/yr

• DKNG reports Q1 GAAP loss per share of $0.04 (vs -$0.16 consensus)
• Co notes Revenue grew 30%, despite COVID-19