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Skillz Earnings Miss, User Base Shrinks
The Motley Fool· 2025-03-14 11:36
Skillz reveals a challenging quarter as its earnings miss expectations, highlighting ongoing difficulties in revenue and user retention.Skillz (SKLZ -5.20%), known for its mobile gaming competitive platform, reported its fourth-quarter results on March 13, 2025.The release showed a steep decline in revenue and a widening net loss, missing analyst expectations. Revenue for Q4 2024 was $20.4 million, down from $31.1 million in Q4 2023 and not meeting FactSet estimates of $25 million. The company's net loss fo ...
skillz(SKLZ) - 2024 Q4 - Earnings Call Transcript
2025-03-13 23:06
Skillz Inc. (NYSE:SKLZ) Q4 2024 Earnings Conference Call March 13, 2025 4:30 PM ET Company Participants Richard Land - JCIR Andrew Paradise - Co-Founder & CEO Gaetano Franceschi - CFO Conference Call Participants Operator Good afternoon, all. I would like to welcome you all to the Skillz Inc. 2024 fourth quarter result call. My name is Matt, and I will be moderating your call today. Lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If y ...
Skillz Inc. (SKLZ) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2025-03-13 22:55
Skillz Inc. (SKLZ) came out with a quarterly loss of $1.50 per share versus the Zacks Consensus Estimate of a loss of $1.07. This compares to loss of $1.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40.19%. A quarter ago, it was expected that this company would post a loss of $0.98 per share when it actually produced a loss of $1.20, delivering a surprise of -22.45%.Over the last four quarters, the company has surpassed ...
skillz(SKLZ) - 2024 Q4 - Annual Results
2025-03-13 20:04
Fourth Quarter 2024 Financial Highlights: Full Year 2024 Financial Highlights: "Throughout 2024, we advanced our strategic initiatives to return to consistent top-line growth and positive Adjusted EBITDA," said Andrew Paradise, Skillz' CEO. "As part of our focus on our new product and content pipeline, we recently announced a $75 million developer accelerator program to drive and deliver the best game innovation and expand the offerings on our platform. We are encouraged by our recent performance with payin ...
Skillz Gears Up for Q4 Earnings: What's in Store for the Stock?
ZACKS· 2025-03-10 15:50
Skillz Inc. (SKLZ) is scheduled to report fourth-quarter 2024 results on March 13, after the closing bell. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 22.5%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.SKLZ’S Q4 EstimatesFor the quarter to be reported, the Zacks Consensus Estimate for the bottom line is pegged at a loss per share of $1.07, unchanged in the past 60 days. In the prior-year quarter, the company had reported an adjusted ...
skillz(SKLZ) - 2024 Q3 - Quarterly Report
2024-11-08 21:25
TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to______ Commission file number: 001-39243 SKILLZ INC. (Exact name of registrant as specified in its charter) Delaware 84-4478274 ...
skillz(SKLZ) - 2024 Q3 - Earnings Call Transcript
2024-11-08 01:15
Skillz Inc. (NYSE:SKLZ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Richard Land - JCIR Andrew Paradise - Co-Founder & Chief Executive Officer Gaetano Franceschi - Chief Financial Officer Conference Call Participants Ed Alter - Jefferies Operator Good afternoon and welcome you all to the Skillz Inc. 2024 Third Quarter Earnings Results Call. My name is Nadia and I'll be moderating your call today. [Operator Instructions]. I would now like to pass the conference call ove ...
Skillz Inc. (SKLZ) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-08 01:11
Skillz Inc. (SKLZ) came out with a quarterly loss of $1.20 per share versus the Zacks Consensus Estimate of a loss of $0.98. This compares to loss of $1.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.45%. A quarter ago, it was expected that this company would post a loss of $1.36 per share when it actually produced a loss of $0.57, delivering a surprise of 58.09%.Over the last four quarters, the company has surpassed c ...
skillz(SKLZ) - 2024 Q3 - Quarterly Results
2024-11-07 21:16
Skillz Announces Third Quarter 2024 Results LAS VEGAS--(BUSINESS WIRE), November 7, 2024-- Skillz Inc. (NYSE: SKLZ) ("Skillz" or the "Company"), the leading mobile games platform bringing fair competition to players worldwide, today reported unaudited financial results for the third quarter ended September 30, 2024. Third Quarter Financial Update (Unaudited): • Revenue of $24.6 million. • Net loss of $21.1 million. • Adjusted EBITDA of $(13.9) million. • Paying monthly active users (PMAU) of 121,000. • Aver ...
Skillz Inc. (NYSE: SKLZ) Lawsuit Updated: Investors who purchased Flying Eagle Acquisition Corp. (formerly NYSE: FEAC) shares should contact the Shareholders Foundation
GlobeNewswire News Room· 2024-09-24 14:15
SAN DIEGO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announced an update in the lawsuit that was pending for certain investors who purchased NYSE: SKLZ shares. Investors who purchased shares Flying Eagle Acquisition Corp. (formerly NYSE: FEAC) that later became Skillz Inc. (NYSE: SKLZ) shares have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. Skillz Inc became a public company in December 2020 by ...