Skillz (NYSE:SKLZ) Misses Q1 Sales Targets [Yahoo! Finance]
Skillz Inc. Class A (SKLZ)
Company Research
Source: Yahoo! Finance
It made a GAAP loss of $1.45 per share, improving from its loss of $1.70 per share in the same quarter last year. Is now the time to buy Skillz? Find out in our full research report Skillz (SKLZ) Q1 CY2024 Highlights: Revenue: $25.24 million vs analyst estimates of $28.86 million (12.6% miss) EPS: -$1.45 vs analyst expectations of -$1.23 (18.2% miss) Gross Margin (GAAP): 86.3%, down from 89.7% in the same quarter last year Free Cash Flow was -$4.91 million compared to -$13.33 million in the previous quarter Paying Monthly Active Users: 121,000, down 93,000 year on year Market Capitalization: $109.6 million “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 have acted quickly to resolve these issues to position Skillz to deliver top-line growth and positive Adjusted EBITDA,” said Andrew Paradise, Skillz' CEO. Taking a new twist at video gaming, Skillz (NYSE:S
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News
- Skillz Inc. (NYSE:SKLZ) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Why Skillz (SKLZ) Shares Are Falling Today [Yahoo! Finance]Yahoo! Finance
- Skillz Inc. (NYSE: SKLZ) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $15.00 price target on the stock.MarketBeat
- Skillz Inc. (SKLZ) Reports Q1 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Skillz Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
SKLZ
Earnings
- 5/9/24 - Miss
SKLZ
Sec Filings
- 5/10/24 - Form NT
- 5/9/24 - Form 8-K
- 5/8/24 - Form 3
- SKLZ's page on the SEC website