Group 1 - Skillz Inc. reported a quarterly loss of $1.20 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.98, and an improvement from a loss of $1.57 per share a year ago, indicating an earnings surprise of -22.45% [1] - The company posted revenues of $24.56 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 10.16%, and down from $36.43 million in the same quarter last year [2] - Skillz shares have declined approximately 10.7% year-to-date, contrasting with the S&P 500's gain of 24.3% [3] Group 2 - The earnings outlook for Skillz is mixed, with the current consensus EPS estimate for the upcoming quarter at -$0.89 on revenues of $29.28 million, and for the current fiscal year at -$1.99 on revenues of $107.15 million [7] - The Zacks Industry Rank indicates that the Gaming industry is currently in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The company has surpassed consensus EPS estimates two times over the last four quarters, but has not beaten consensus revenue estimates during the same period [2]

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 ...

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 ...

SAN DIEGO, Sept. 17, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announces an update in the lawsuit that was pending for certain investors who purchased shares of Skillz Inc. (NYSE: SKLZ). Investors who purchased shares Flying Eagle Acquisition Corp. (formerlyNYSE: FEAC) that then became Skillz Inc. (NYSE: SKLZ) shares have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554. Skillz Inc became a public company in December 2020 by mer ...

Skillz Inc. (SKLZ) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors ...

Skillz Inc. (SKLZ) came out with a quarterly loss of $0.57 per share versus the Zacks Consensus Estimate of a loss of $1.36. This compares to loss of $1.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 58.09%. A quarter ago, it was expected that this company would post a loss of $1.24 per share when it actually produced a loss of $1.45, delivering a surprise of -16.94%. Over the last four quarters, the company has surpassed ...

Skillz Inc. (NYSE:SKLZ) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Jim Leahy - JCIR Andrew Paradise - Co-Founder & Chief Executive Officer Gaetano Franceschi - Chief Financial Officer Conference Call Participants Operator Good afternoon, all. I would like to welcome you all to Skillz Incorporated 2024 First Quarter Results Call. My name is Elliot, and I'll be your moderator for today's call. [Operator Instructions]. I'd now like to pass the conference over to your host, Jim ...

Skillz Inc. (SKLZ) came out with a quarterly loss of $1.45 per share versus the Zacks Consensus Estimate of a loss of $1.24. This compares to loss of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.94%. A quarter ago, it was expected that this company would post a loss of $1.48 per share when it actually produced a loss of $1.04, delivering a surprise of 29.73%.Over the last four quarters, the company has surpassed c ...

Skillz Announces First Quarter 2024 Results LAS VEGAS--(BUSINESS WIRE), May 9, 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 first quarter ended March 31, 2024. First Quarter Financial Update (Unaudited): "Execution in the first quarter on our strategic initiatives met with some short-term setbacks, particularly with our new customer onboarding in the period. We ...

LAS VEGAS--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair and fun competition to players worldwide, today announced that it will release its 2024 first quarter financial results after the close of the market on Thursday, May 9, 2024, and host a conference call and simultaneous webcast at 4:30 p.m. ET that day. During the call, Skillz management will review the Company’s financial results and provide a business update, followed by a ques ...