DraftKings shares fall 21% on 2022 outlook
DraftKings reported an adjusted EBITDA loss for 2022 that was much higher than analysts had anticipated.
DraftKings reported an adjusted EBITDA loss for 2022 that was much higher than analysts had anticipated.
The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation.
The company beat revenue estimates but missed earnings expectations for the fourth quarter.
The food delivery company reported better-than-expected revenue for the fourth quarter, as well as total orders that topped analysts' expectations.
Nvidia reported fourth-quarter earnings on Wednesday.
Cisco topped estimates in its largest segments, but the company's Hybrid Work segment that includes Webex came in lower than expected as revenue declined 9%.
Airbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, as the travel company continued to rebound from the Covid-19 pandemic.
Roblox missed Wall Street expectations on both the top and bottom lines in the fourth quarter.
Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts' expectations.