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BOSTON (AP) — BOSTON (AP) — DraftKings Inc. (DKNG) on Thursday reported a loss of $33.9 million in its first quarter.

The Boston-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.

The company posted revenue of $1.41 billion in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $1.42 billion.

DraftKings expects full-year revenue in the range of $6.2 billion to $6.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DKNG at https://www.zacks.com/ap/DKNG