DraftKings Inc. (DKNG) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.000 -- 00:00:05.140 Good day and thank you for standing by. Welcome to the DraftKings Q2 2025 earnings 00:00:05.140 -- 00:00:10.820 conference call. At this time, all participants are in a listen-only mode. 00:00:10.820 -- 00:00:15.200 After the speaker's presentation, there will be a question and answer session. 00:00:15.200 -- 00:00:20.760 To ask a question during the session, you will need to press star 1-1 on your telephone. 00:00:20.760 -- 00:00:24.760 You will then hear an automated message advising your hand is raised. 00:00:24.760 -- 00:00:28.340 To withdraw your question, please press star 1-1 again. 00:00:28.340 -- 00:00:32.500 Please be advised that today's conference is being recorded. 00:00:32.500 -- 00:00:37.020 I would now like to hand the conference over to your first speaker today, Mike DeLaglio, 00:00:37.020 -- 00:00:41.760 Senior Director of Investor Relations. Please go ahead. 00:00:42.780 -- 00:00:45.520 Good morning, everyone, and thank you for joining us today. 00:00:45.520 -- 00:00:48.860 Certain statements we make during this call may constitute forward-looking statements 00:00:48.860 -- 00:00:52.780 that are subject to risks, uncertainties, and other factors as discussed further in our 00:00:52.780 -- 00:00:56.720 SEC filings that could cause our actual results to differ materially from our historical 00:00:56.720 -- 00:01:00.820 results or from our forecasts. We assume no responsibility to update forward-looking 00:01:00.820 -- 00:01:06.000 statements other than as required by law. During this call, management will also discuss 00:01:06.000 -- 00:01:09.860 certain non-GAAP financial measures that we believe may be useful in evaluating DraftKings 00:01:09.860 -- 00:01:14.780 operating performance. These measures should not be...