Skillz (SKLZ) Q4 Earnings Top Estimates, Revenues Lag, Down Y/Y

Skillz Inc. (SKLZ) reported mixed fourth-quarter 2023 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same.On a year-over-year basis, the top declined, but the bottom line improved. The downside was due to a year-over-year decline in paying monthly active users and monthly active users.Earnings and RevenuesIn the quarter under review, Skillz reported an adjusted loss of $1.04 per share, narrower than the Zacks Consensus Estimate of$1.48. The company reported an adjus ...