DraftKings Inc. reported second-quarter revenue of $1.51 billion, up 37% from a year earlier and ahead of the $1.41 billion analysts expected. Net income reached $158 million, while adjusted EBITDA climbed to a record $301 million. Adjusted earnings per share came in at $0.38, beating the consensus estimate of $0.28, as average monthly unique payers increased to 3.3 million. The online-gambling company maintained its full-year outlook for revenue of $6.2 billion to $6.4 billion and adjusted EBITDA of $800 million to $900 million. Topgolf Callaway Brands, the owner of the Topgolf entertainment venues and Callaway golf equipment, also topped expectations. Second-quarter revenue rose to $1.11 billion, modestly surpassing the $1.093 billion Wall Street forecast. Operating income totaled $105.8 million, net income was $20.3 million, and adjusted EBITDA reached $195.8 million, well above the $145.5 million consensus.