DraftKings Inc. (DKNG) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.415 -- 00:00:05.259 Good day and thank you for standing by. Welcome to the DraftKings first quarter 2025 00:00:05.259 -- 00:00:09.124 earnings call. At this time, all participants are in a listen-only mode. 00:00:09.124 -- 00:00:12.047 After the speaker's presentation, there will be a question and answer session. 00:00:12.047 -- 00:00:15.390 To ask a question during the session, you'll need to press star 1-1 on your telephone. 00:00:15.390 -- 00:00:18.274 You will then hear an automated message advising your hand is raised. 00:00:18.274 -- 00:00:20.576 To withdraw your question, please press star 1-1 again. 00:00:20.576 -- 00:00:23.540 Please be advised today's conference is being recorded. 00:00:23.540 -- 00:00:26.443 I would now like to hand the conference over to your speaker today, Michael DiLeglio, 00:00:26.443 -- 00:00:30.245 Senior Director of Investor Relations. Please go ahead. 00:00:31.975 -- 00:00:34.959 Good morning, everyone, and thank you for joining us today. 00:00:34.959 -- 00:00:38.584 Certain statements we make during this call may constitute forward-looking statements 00:00:38.584 -- 00:00:43.090 that are subject to risks, uncertainties, and other factors as discussed further in our 00:00:43.090 -- 00:00:47.716 SEC filings that could cause our actual results to differ materially from our historical 00:00:47.716 -- 00:00:50.099 results or from our forecasts. 00:00:50.099 -- 00:00:54.044 We assume no responsibility to update forward-looking statements other than as required 00:00:54.044 -- 00:00:59.253 by law. During this call, Management will also discuss certain non-GAAP financial measures 00:00:59.253 -- 00:01:03.239 that we believe may be useful in evaluating DraftKings operating performance. 00:01:03.239 -- 00:01:07.024 These mea...