Skillz Inc Stock Price, News & Analysis

Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, has scheduled its 2025 first quarter financial results announcement for Thursday, May 8, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. ET the same day.

Management will present financial results and provide a business update, followed by a Q&A session. The call and webcast are publicly accessible through registration. An audio replay will be available until May 15, 2025, accessible via phone at (866) 813-9403 (US) or (929) 458-6194 (international) using passcode 258281. The webcast replay will be archived on Skillz's investor relations website.

Skillz (NYSE: SKLZ) has received a notice from the New York Stock Exchange (NYSE) on April 2, 2025, regarding its failure to timely file its Annual Report (Form 10-K) for the fiscal year ended December 31, 2024. The company requires additional time to complete its year-end reporting procedures.

While the NYSE Notice has no immediate effect on SKLZ's listing, the company has been granted a six-month compliance period from March 17, 2025, to file the Form 10-K. The NYSE may grant an additional six-month extension based on specific circumstances, though it retains the right to initiate delisting proceedings if warranted.

Skillz expects to file the Form 10-K within the initial six-month period, but provides no guarantees of meeting this deadline.

Skillz (NYSE: SKLZ) has released its Q4 and full-year 2024 financial results. In Q4, the company reported revenue of $20.4 million, gross profit of $17.1 million, and a net loss of $26.4 million. The company maintained 110,000 paying monthly active users with an average revenue per user of $68.1.

For the full year 2024, Skillz recorded revenue of $95.5 million, gross profit of $82.1 million, and a net loss of $48.2 million. The company ended the year with $281.9 million in cash and equivalents and total debt of $129.7 million. The company announced a $75 million developer accelerator program to enhance game innovation and expand platform offerings. Management reported sequential improvement in paying monthly active users from November 2024 through February 2025.

Skillz (NYSE: SKLZ), the leading mobile games platform, has scheduled its 2024 fourth quarter and full year financial results announcement for March 13, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. ET the same day.

Management will present financial results and provide a business update, followed by a Q&A session. The call and webcast are open to the public, with registration required for call participation. A listen-only webcast will be available at investors.skillz.com.

The webcast replay will be archived on Skillz's investor relations website, while an audio replay will be accessible through March 20, 2025, by dialing (866) 813-9403 (US) or (929) 458-6194 (international) with passcode 575328.

Skillz (NYSE: SKLZ) has launched the Skillz Developer Accelerator, a $75 million strategic program aimed at enhancing mobile gaming ecosystem monetization over the next three years. The initiative will support approximately 25 high-potential games, providing developers with working capital and operational support.

The program targets games that are easy to learn but offer high competitive potential, strong retention, monetization, or live-ops strategies. Selected developers will receive access to:

• Skillz's internal expert team
• Proprietary SDK and data tools
• User acquisition support
• Technical and operational assistance

CEO Andrew Paradise emphasized that real-money, skill-based gaming is among the fastest-growing mobile genres in terms of player lifetime value. The program aims to create long-term revenue opportunities for both developers and Skillz.

Skillz (NYSE: SKLZ) reported unaudited financial results for Q3 2024, ending September 30, 2024.

Key Financial Metrics:

Revenue: $24.6 million

Net loss: $21.1 million

Adjusted EBITDA: $(13.9) million

Paying Monthly Active Users (PMAU): 121,000

Average Revenue Per Paying Monthly Active User (ARPPU): $67.6

Total operating expenses excluding the cost of revenue: $42.2 million

CEO Andrew Paradise highlighted stable PMAU and strategic customer acquisition, aiming for positive Adjusted EBITDA in 2025. CFO Gaetano Franceschi emphasized disciplined expense management and a strong balance sheet with over $300 million in cash and restricted cash.

Skillz will host a live investor conference call at 4:30 p.m. ET today, accessible via registration on their investor relations website.

Skillz (NYSE: SKLZ) announced it will release its 2024 third quarter financial results after market close on Thursday, November 7, 2024. The company will host a conference call and webcast at 4:30 p.m. ET the same day, where management will review financial results and provide a business update, followed by Q&A. The call and webcast are public, requiring registration for dial-in access. A webcast replay will be available on the investor relations website, and an audio replay will be accessible through November 14, 2024.

Skillz (NYSE: SKLZ), the leading mobile games platform, has announced a change in the date of its 2024 Annual Meeting of Stockholders. The meeting will now be held on Thursday, December 5, 2024 at 10:00 a.m. Pacific Time, instead of the originally scheduled date of Monday, December 9, 2024.

Skillz Inc. (NYSE: SKLZ) reported its Q2 2024 financial results, showing signs of progress in its strategic initiatives. Key highlights include:

- Revenue: $25.3 million
- Gross profit: $21.9 million
- Net income: $26.0 million
- Adjusted EBITDA: $(12.6) million
- Paying monthly active users (PMAU): 122,000
- Average Revenue Per Paying Monthly Active User (ARPPU): $69.4

The company saw its first quarterly sequential increase in Paying Monthly Average Users in ten quarters. Skillz is focusing on optimizing customer acquisition costs and growing long-term player value. The company's strong balance sheet, with over $325 million in cash and restricted cash, provides flexibility for turnaround initiatives.