Skillz downgraded by Citigroup with a new price target

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, 2024. Fourth Quarter 2024 Financial Highlights: Revenue of $20.4 million Gross profit of $17.1 million Net loss of $26.4 million Adjusted EBITDA1 of $(18.5) million Paying monthly active users (PMAU)2 of 110,000 Average Revenue Per Paying Monthly Active User (ARPPU)3 of $68.1 Total operating expenses excluding cost of revenue of $43.2 million Full Year 2024 Financial Highlights: Revenue of $95.5 million Gross profit of $82.1 million Net loss of $

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 fourth quarter and full year financial results after the close of the market on Thursday, March 13, 2025, 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 2024 Earnings Call. After registering,

Skillz Inc. (NYSE:SKLZ) ("Skillz" or the "Company") announced today the launch of the Skillz Developer Accelerator, a strategic initiative designed to grow the monetization of the mobile gaming ecosystem by empowering game developers with the financial resources necessary to bring skill-based games to market and succeed. This groundbreaking program plans to deploy up to $75 million over the next three years, offering developers the working capital and operational support needed to push the boundaries of innovation and drive the next generation of online and mobile gaming competition. Skillz's goal is to strategically support at least 25 high-potential games, though the Company remains fle

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

4 - Skillz Inc. (0001801661) (Issuer)

4 - Skillz Inc. (0001801661) (Issuer)

4 - Skillz Inc. (0001801661) (Issuer)

NT 10-K - Skillz Inc. (0001801661) (Filer)

8-K - Skillz Inc. (0001801661) (Filer)

8-K - Skillz Inc. (0001801661) (Filer)

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.

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, 2024. Fourth Quarter 2024 Financial Highlights: Revenue of $20.4 million Gross profit of $17.1 million Net loss of $26.4 million Adjusted EBITDA1 of $(18.5) million Paying monthly active users (PMAU)2 of 110,000 Average Revenue Per Paying Monthly Active User (ARPPU)3 of $68.1 Total operating expenses excluding cost of revenue of $43.2 million Full Year 2024 Financial Highlights: Revenue of $95.5 million Gross profit of $82.1 million Net loss of $

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 fourth quarter and full year financial results after the close of the market on Thursday, March 13, 2025, 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 2024 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 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

SC 13D/A - Skillz Inc. (0001801661) (Subject)

SC 13D/A - Skillz Inc. (0001801661) (Subject)

SC 13D/A - Skillz Inc. (0001801661) (Subject)