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Skillz Inc. reports developments tied to its mobile gaming competition platform, which enables developers to add social competition, real-money gameplay, tournaments, leaderboards, matchmaking, payments, loyalty and player identity tools to mobile games. Company updates also discuss the Skillz and RZR businesses, including Aarki performance marketing activities across mobile, connected television and other digital channels.
Recurring news themes include quarterly and annual financial results, Adjusted EBITDA and user monetization metrics, product and SDK updates for game studios, acquired backend and LiveOps technology, board and leadership matters, and legal or regulatory developments affecting the company’s competitive-gaming platform.
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.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, has announced it will release its 2024 second quarter financial results after market close on Thursday, August 1, 2024. The company will host a conference call and webcast at 4:30 p.m. ET the same day. During the call, Skillz management will review 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 the live call. A replay of the webcast will be available on the company's investor relations website, and an audio replay will be accessible through Thursday, August 8, 2024.
Skillz Inc. (NYSE: SKLZ) reported unaudited financial results for Q1 2024, with revenue of $25.2M, gross profit of $21.8M, net loss of $26.7M, and Adjusted EBITDA of $(17.7)M. The company aims to drive top-line growth, positive EBITDA, and profitable growth in the near term.
Skillz Inc. (NYSE: SKLZ) will report its 2024 first-quarter financial results on May 9, 2024, with a conference call and webcast. The call will include a review of financial results, a business update, and a Q&A session. The webcast will be available on investors.skillz.com, with a replay accessible until May 16, 2024.
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