BOSTON (AP) — BOSTON (AP) — DraftKings Inc. (DKNG) on Thursday reported a loss of $142.6 million in its first quarter.

The Boston-based company said it had a loss of 30 cents per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.

The company posted revenue of $1.17 billion in the period, beating Street forecasts. Nine analysts surveyed by Zacks expected $1.13 billion.

DraftKings expects full-year revenue of $4.9 billion.

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