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 EBITDA1 of $(13.9) million. Paying monthly active users (PMAU)2 of 121,000. Average Revenue Per Paying Monthly Active User (ARPPU)3 of $67.6. Total operating expenses excluding cost of revenue of $42.2 million. "Our third quarter operating performance was marked by continued execution on our strategic operating priorities as we further position Skill

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 third quarter financial results after the close of the market on Thursday, November 7, 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 question-and-answer session. Both the call and webcast are open to the public. To access the call, please register using the following link: Skillz Third Quarter 2024 Earnings Call. After registering, an email will

Skillz Inc. (NYSE:SKLZ) ("Skillz" or the "Company"), the leading mobile games platform bringing fair competition to players worldwide, today announced that it changed the date of the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting") to Thursday, December 5, 2024 at 10:00 a.m. Pacific Time. The Annual Meeting was originally scheduled for Monday, December 9, 2024 at 10:00 a.m. Pacific Time. About Skillz Inc. Skillz is the leading mobile games platform dedicated to bringing out the best in everyone through competition. The Skillz platform helps developers create multi-million dollar franchises by enabling social competition in their games. Leveraging its patented technolog

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 second quarter ended June 30, 2024. Second Quarter Financial Update (Unaudited): Revenue of $25.3 million. Gross profit of $21.9 million. Net income of $26.0 million. Adjusted EBITDA1 of $(12.6) million. Paying monthly active users (PMAU)2 of 122,000. Average Revenue Per Paying Monthly Active User (ARPPU)3 of $69.4. Total operating expenses excluding cost of revenue of $3.6 million. "Skillz' second quarter results mark continued progress against our strategic initiatives to position

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): Revenue of $25.2 million. Gross profit of $21.8 million. Net loss of $26.7 million. Adjusted EBITDA1 of $(17.7) million. Paying monthly active users (PMAU)2 of 121,000. Average Revenue Per Paying Monthly Active User (ARPPU)3 of $69.8. Total operating expenses excluding cost of revenue of $48.6 million. "Execution in the first quarter on our strategic initiatives met with some short-term setbacks, particu

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 question-and-answer session. Both the call and webcast are open to the public. To access the call, please register using the following link: Skillz First Quarter 2024 Earnings Call. After registering, an email will be

Skillz Inc. (NYSE:SKLZ) ("the Company"), the leading games platform bringing fair competition to players worldwide, today announced that, on April 2, 2024, it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual, because the Company has not timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "Form 10-K") with the Securities and Exchange Commission (the "SEC"). The NYSE Notice has no immediate effect on the listing of the Company's common

Skillz Inc. (NYSE:SKLZ) ("Skillz" or the "Company"), the leading mobile games platform bringing fair competition to players worldwide, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights: Revenue of $29.1 million Gross profit of $25.7 million Net loss of $20.8 million Adjusted EBITDA1 of $(12.3) million Paying monthly active users (PMAU)2 of 137,000 Average Revenue Per Paying Monthly Active User (ARPPU)3 of $70.3 Total operating expenses of $48.3 million Full Year 2023 Financial Highlights: Revenue of $150.1 million Gross profit of $134.7 million Net loss of $106.7 millio

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 2023 fourth quarter and full year financial results after the close of the market on Thursday, March 14, 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 question-and-answer session. Both the call and webcast are open to the public. To access the call, please register using the following link: Skillz Fourth Quarter 2023 Earnings Call. After registering

Skillz Inc. (NYSE:SKLZ) ("Skillz" or the "Company"), the leading mobile games platform bringing fair competition to players worldwide, today reported financial results for the third quarter ended September 30, 2023. 2023 Third Quarter and Recent Financial Highlights: Revenue of $36.4 million Gross profit of $32.7 million Net loss of $(33.5) million Adjusted EBITDA1 of $(18.5) million Paying monthly active users (PMAU)2 of 168,000 Average Revenue Per Paying Monthly Active User (ARPPU)3 of $72.3 Total operating expenses of $64.1 million Cash, cash equivalents, restricted cash, and marketable securities of $339.9 million as of September 30, 2023 Total outstanding d

Lobo Brings Decades of Financial Experience in Esports and Gaming to Skillz Skillz (NYSE:SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced the appointment of Alvin Lobo to the role of Chief Financial Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230224005421/en/(Photo: Business Wire) "Alvin is a proven leader who will be dedicated to bringing financial excellence to Skillz. I couldn't be more excited about him joining our leadership team," said Andrew Paradise, CEO and founder of Skillz. "Skillz is already building a model that the rest of the mobile gaming indust

Former Engineering Leader at Meta, Apple, and Riot Games Brings Deep Game Development and Engineering Expertise to Skillz Skillz (NYSE:SKLZ), the leading mobile games platform, today announced the appointment of Vassily Filippov to the role of Chief Technology Officer. An experienced gaming leader who most recently served as the Director of Engineering at Meta, Filippov joins the Skillz C-suite, further bolstering the company's executive team and product leadership bench. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220912005390/en/Skillz Hires Vassily Filippov as Chief Technology Officer (Photo: Business Wire) "We are thrille

Bhardwaj Brings Deep Game Development and Global Launch Expertise to Top Mobile Gaming Platform, Accelerating Product Momentum and Supporting Key Growth Initiatives Skillz (NYSE:SKLZ), the leading mobile games platform bringing fair and fun competition to players worldwide, today announced the appointment of Vatsal Bhardwaj as the company's Chief Product Officer. An experienced gaming executive who most recently served as the General Manager and Director of Game Tech for Amazon Web Services (AWS), Bhardwaj joins the Skillz C-suite, further strengthening the company's executive team with seasoned leaders from many of the world's most prominent brands. This press release features multimedia.

BTIG Research downgraded Skillz from Neutral to Sell and set a new price target of $0.65

Canaccord Genuity downgraded Skillz from Buy to Hold and set a new price target of $1.50 from $5.00 previously

Citigroup downgraded Skillz from Buy to Neutral and set a new price target of $2.10 from $5.00 previously

RBC Capital Mkts reiterated coverage of Skillz with a rating of Sector Perform and set a new price target of $2.50 from $12.00 previously

Wedbush reiterated coverage of Skillz with a rating of Outperform and set a new price target of $7.50 from $25.00 previously

Canaccord Genuity reiterated coverage of Skillz with a rating of Buy and set a new price target of $7.00 from $12.00 previously

Citigroup resumed coverage of Skillz with a rating of Buy and set a new price target of $9.00

Citigroup resumed coverage of Skillz with a rating of Buy and set a new price target of $23.00

BTIG initiated coverage of Skillz with a rating of Neutral

Canaccord Genuity reiterated coverage of Skillz with a rating of Buy and set a new price target of $23.00 from $30.00 previously