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) is a mobile games platform in the data processing, hosting, and related services industry, with a focus on skill-based competition and developer enablement. Company news releases describe Skillz as a platform that helps developers create multi-million dollar franchises by enabling social competition in their games and hosting billions of casual esports tournaments for millions of mobile players worldwide.
The Skillz news stream commonly features financial results and operating updates. The company regularly issues press releases reporting preliminary and final quarterly and annual results, including revenue, net loss, Adjusted EBITDA, paying monthly active users (PMAUs), and average revenue per paying monthly active user (ARPPU). These releases often include management commentary on engagement, monetization, and expense management, as well as explanations of non-GAAP metrics and their reconciliations to GAAP measures.
Another recurring theme in Skillz news is regulatory and listing developments. The company has reported delays in filing its Annual Report on Form 10-K and certain Quarterly Reports on Form 10-Q, notices from the New York Stock Exchange regarding timely filing requirements, and the granting of cure periods to regain compliance. Related 8-K filings and press releases provide context on the company’s efforts to complete its financial statements and maintain its NYSE listing.
Skillz news also covers strategic initiatives and programs aimed at developers. A notable example is the Skillz Developer Accelerator, which the company describes as a program to deploy up to $75 million of cash on hand over three years to support the development, promotion, and marketing of new skill-based games. News about this program details the types of support offered, including working capital, access to the company’s internal experts, a proprietary SDK, data tools, and user acquisition and operational assistance.
In addition, Skillz issues announcements about earnings calls, webcasts, and investor communications, providing dates and access details for conference calls where management reviews financial results and offers business updates. Governance-related news, such as changes in the independent registered public accounting firm, executive transitions, and equity incentive awards, is disclosed through 8-K filings and associated communications.
Investors and followers of SKLZ can use this news page to review the company’s historical and recent announcements on financial performance, listing status, developer programs, and corporate governance, all based on official press releases and SEC-reported information.
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.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced that CEO Andrew Paradise will participate in the RBC Capital Markets Technology, Internet, Media and Telecom Conference on November 16-17, 2021. Paradise's fireside chat is scheduled for November 16 at 12:20 PM PT / 3:20 PM ET. The discussion will be accessible via a live audio webcast on Skillz's website, with a replay available later. Skillz is known for fostering fair competition among players and hosting casual esports tournaments.
Skillz (NYSE: SKLZ) announced that its CFO, Ian Lee, will participate in the Jefferies Global Interactive Entertainment Conference on November 11-12, 2021. Lee's fireside chat is scheduled for 11:15 AM PT / 2:15 PM ET on November 11. Interested parties can access a live audio webcast through the Investors section of the Skillz website, where a replay will be available post-event. Skillz is renowned as a leading mobile games platform, facilitating social competition and hosting numerous casual esports tournaments globally.
Skillz Inc. (NYSE: SKLZ) reported strong Q3 2021 results, with revenue soaring 70% year-over-year to $102.1 million. The growth was fueled by a 47% increase in Paying Monthly Active Users (MAU). Gross profit reached $94.4 million, up 66%, while net income turned positive at $50.8 million, compared to a loss of $42.9 million the previous year. Notably, the company launched Big Buck Hunter: Marksman, topping the Sports category in the App Store. Skillz also affirmed its full-year revenue guidance of $389 million.
Skillz (NYSE: SKLZ) has appointed Vatsal Bhardwaj as Chief Product Officer to drive innovation and growth in mobile gaming. Bhardwaj, with nearly two decades of experience at Amazon and Facebook, is expected to enhance Skillz's product offerings and expand multiplayer gaming experiences. He aims to create new gameplay technologies and build strategic partnerships to benefit players and developers alike. Skillz is recognized for connecting players in competitive environments and has implemented various successful initiatives in esports and social gaming.
Skillz Inc. (NYSE: SKLZ) will release its third quarter 2021 results on November 3, 2021, after market close. A stockholder letter detailing financial results will be available on its investor relations website: investors.skillz.com. A live Q&A conference call will begin at 5:30 PM ET with registration needed for access. Participants can listen to a replay of the call through November 10, 2021. Skillz is recognized for its innovative mobile gaming platform that facilitates fair competition among players worldwide.
Skillz (NYSE: SKLZ) announced the launch of its latest mobile game, Big Buck Hunter: Marksman, during the 14th Annual Big Buck Hunter World Championship in Chicago on October 1-2. This marks Skillz's entry into the first-person shooter genre, with the new game already reaching No. 3 in the sports category on the App Store. The event features a mobile esports tournament with a $5,000 grand prize, allowing players worldwide to compete. The highly popular Big Buck Hunter franchise has a devoted fan base, ensuring a lively competition.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced CEO Andrew Paradise's participation in Citigroup's 2021 Global Technology Virtual Conference from September 13-15, 2021. Paradise will engage in a fireside chat on September 13 at 10:00 AM PT / 1:00 PM ET. A live audio webcast will be accessible through the Investors section of the Skillz website, with a replay available later. Skillz has established itself as a significant player in casual esports, hosting tournaments and providing millions in prizes each month.
FAQ
What is the current stock price of Skillz (SKLZ)?
What is the market cap of Skillz (SKLZ)?
