Welcome to our dedicated page for Skillz news (Ticker: SKLZ), a resource for investors and traders seeking the latest updates and insights on Skillz stock.
Skillz Inc. (NYSE: SKLZ), the mobile esports pioneer, empowers competitive gaming through its tournament platform. This dedicated news hub provides investors and industry followers with centralized access to official corporate developments.
Track verified updates including quarterly earnings, strategic partnerships, and platform innovations. Our curated collection ensures efficient monitoring of operational milestones and regulatory filings that shape SKLZ's market position.
Key content categories include product launch announcements, leadership changes, financial disclosures, and esports industry trends directly impacting Skillz. All materials are sourced from authorized releases to maintain factual accuracy.
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Skillz Inc. reported its fourth quarter financial results, achieving a revenue of $109 million, a 61% increase year-over-year. Gross profit also rose by 56% to $100.4 million. However, net loss increased to $99 million, compared to $67 million in the previous year. For 2021, revenue grew 67% to $384.1 million, but was below the guidance of $389 million. Looking ahead, Skillz forecasts a revenue of $400 million for 2022, with expected improvements in marketing efficiency and adjusted EBITDA margins.
Skillz Inc. (NYSE: SKLZ) will host a virtual Investor Day on March 15, 2022, from 11:00 am ET to 1:30 pm ET. Attendees can register via the Skillz Investor Relations website. The event will feature presentations from key executives. Shareholders can submit questions from March 8 to March 13, 2022. Additionally, a Darts Tournament will be held for registrants from March 11 to March 13, with prizes for top finishers.
Skillz Inc. (NYSE: SKLZ) has announced a new shareholder Q&A platform ahead of its fourth quarter 2021 earnings call, scheduled for February 23, 2022. Shareholders can submit questions until February 20, 2022, at 5:30 PM ET. A stockholder letter with financial results will be available on their investor relations website on the same day. The live Q&A conference call will begin at 5:30 PM ET, with access details provided upon registration. Audio replays will be available until March 2, 2022.
Skillz Inc. (NYSE: SKLZ) has announced the release of its fourth quarter 2021 financial results, scheduled for February 23, 2022, after market close. A stockholder letter will be available on their investor relations website. A live Q&A conference call will take place at 5:30 PM ET the same day. Shareholders can submit questions starting February 14, 2022. The Q&A platform will close on February 20, 2022. A replay of the call will be available until March 2, 2022. Skillz is recognized as a leader in mobile gaming and esports.
Skillz Inc. (NYSE: SKLZ) has announced the pricing of a $300 million private offering of 10.25% Senior Secured Notes due 2026. The offering is expected to close on December 20, 2021, subject to customary conditions. The proceeds will enhance the company's balance sheet and financial flexibility, enabling potential investments or acquisitions. The notes will be guaranteed by certain subsidiaries and will not be registered under the Securities Act, meaning they will be sold to qualified institutional buyers and non-U.S. persons.
Skillz plans to offer $300 million in Senior Secured Notes due 2026 as part of a private offering to enhance its financial flexibility. The notes will be guaranteed by its subsidiaries, excluding certain ones. The company aims to use net proceeds for general corporate purposes, including potential investments and acquisitions. The offering is subject to market conditions and won't be registered under the Securities Act, limiting the sale to qualified institutional buyers and non-U.S. persons.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced that CEO Andrew Paradise will participate in the Wedbush Winter Games Conference on December 8-9, 2021. Paradise's fireside chat is scheduled for December 8 at 12:00pm PT / 3:00pm ET. Interested individuals can access a live audio webcast of the discussion through the Investors section of the Skillz website, where a replay will also be available. Skillz connects players globally for fair competition, hosting numerous esports tournaments.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced that CEO Andrew Paradise will participate in the Wells Fargo Virtual Technology, Media, and Telecom Summit from November 30 to December 2, 2021. Paradise's fireside chat is scheduled for December 2 at 10:20 AM PT / 1:20 PM ET. Interested listeners can access the live audio webcast through the Investors section of Skillz's website, with a replay available afterward. Skillz is recognized for its innovative approach in connecting players through social competition, hosting numerous casual esports tournaments monthly.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced that CEO Andrew Paradise will speak at the Canaccord Genuity Digital Gaming Summit on November 30, 2021, at 10:30am PT / 1:30pm ET. The event will include a fireside chat, which can be accessed via a live audio webcast on Skillz's website. The company is recognized for its fair competition among players and supports developers in creating successful franchises through its patented technology.
The Drone Racing League (DRL) has launched its first mobile game, Drone Racing Arcade, in partnership with Skillz (NYSE: SKLZ). Released on November 15, 2021, this mobile game allows players to experience competitive drone racing through Skillz-hosted tournaments starting in December, with chances to win exclusive prizes. The game showcases simple touchscreen controls for an immersive racing experience, featuring neon-lit courses and challenges. DRL aims to engage its fan base and expand into mobile gaming.
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