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Skillz Inc - SKLZ STOCK NEWS

Welcome to our dedicated news page for Skillz (Ticker: SKLZ), a resource for investors and traders seeking the latest updates and insights on Skillz.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Skillz's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Skillz's position in the market.

News
Skillz Receives NYSE Notice Regarding Late Form 10-K Filing
Rhea-AI Summary
Skillz Inc. (NYSE: SKLZ) received a notice from the NYSE stating non-compliance with listing requirements due to a delayed filing of its Form 10-K for the fiscal year 2023. The Company has six months to regain compliance, with a possible extension of six more months. Skillz is working to complete the audit procedures and expects no material changes in financial results. However, there is uncertainty about filing the Form 10-K within the specified period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
News
Skillz Reports 2023 Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Skillz Inc. (SKLZ) reports Q4 and FY 2023 financial results with revenue of $29.1 million and $150.1 million respectively. The company shows a net loss of $20.8 million for Q4 and $106.7 million for FY 2023. Adjusted EBITDA stands at $(12.3) million for Q4 and $(70.1) million for FY 2023. Skillz aims for positive Adjusted EBITDA by Q4 2024 after improving user economics and slowing the decline in paying audience. The CFO highlights prudent management, quarterly improvements in Adjusted EBITDA loss, and strong cash position of over $300 million at year-end 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
earnings
-
News
Skillz to Report 2023 Fourth Quarter and Full Year Results on March 14 and Host Conference Call and Webcast
Rhea-AI Summary
Skillz Inc. (SKLZ) announced the release of its 2023 fourth quarter and full year financial results, scheduled for March 14, 2024. The Company will host a conference call and webcast to review financials and provide a business update, followed by a Q&A session. Both the call and webcast are open to the public.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.37%
Tags
conferences
News
Skillz Reports 2023 Third Quarter Results
Rhea-AI Summary
Skillz Inc. (NYSE: SKLZ) reported Q3 2023 financial results, including a revenue of $36.4 million, gross profit of $32.7 million, net loss of $(33.5) million, and adjusted EBITDA of $(18.5) million. The company also had 168,000 paying monthly active users, an average revenue per paying monthly active user of $72.3, and $339.9 million in cash and marketable securities. The company aims to achieve positive adjusted EBITDA on a run rate basis in Q4 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.11%
Tags
earnings
-
News
Skillz to Report 2023 Third Quarter Results on November 8 and Host Conference Call and Webcast
Rhea-AI Summary
Skillz Inc. will release its 2023 third quarter financial results on November 8, 2023, and host a conference call and webcast. Skillz management will review the financial results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
Tags
conferences earnings
-
News
Skillz Board of Directors Authorizes $65 Million Share Repurchase Program and Exploration of Debt Repurchases
Rhea-AI Summary
Skillz announces share repurchase program and debt repurchase authorization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.26%
Tags
buyback management
News
Skillz Announces Second Quarter 2023 Results
Rhea-AI Summary
Skillz Inc. (NYSE: SKLZ) reported Q2 2023 financial results, including $40.2 million revenue, $36.5 million gross profit, and $(22.0) million net loss. The company reduced outstanding debt by $159.8 million, resulting in total outstanding debt of $129.7 million as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.96%
Tags
earnings
-
News
Skillz to Report 2023 Second Quarter Results on August 2 and Host Conference Call and Webcast
Rhea-AI Summary
Skillz Inc. will release its 2023 second quarter financial results on August 2, 2023, and host a conference call and webcast. The call will include a review of the financial results and a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
conferences earnings
-
News
Skillz Announces 1-for-20 Reverse Stock Split
Rhea-AI Summary
Skillz Inc. announces a 1-for-20 reverse stock split to comply with NYSE listing standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.24%
Tags
none
News
Skillz Plants Roots in Las Vegas with New Headquarters
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.16%
Tags
none
Stock SKLZ logo
Skillz Inc

NYSE:SKLZ

SKLZ Rankings

#4139 Ranked by Market Cap
#5272 Ranked by Stock Gains
N/A Ranked by Dividends

SKLZ Stock Data

120.66M
7.76M
17.01%
33.79%
11.76%
Data Processing, Hosting, and Related Services
Information
Link
United States
San Francisco

About SKLZ

skillz is the worldwide leader in mobile esports. the skillz tournament management system can be integrated into any mobile game, enabling developers to offer esports competitions to their users. skillz allows players of all skill levels, from amateur to professional, to compete in tournaments of all sizes. skillz has hosted more than 40 million mobile tournaments for players in over 180 countries. more than 1,100 game studios use the skillz platform, which awards over $1 million in cash prizes to players every two weeks. skillz is powering the future of esports competitions by focusing on what’s best for both players and developers. founded in 2012, skillz has offices in san francisco and boston and has raised over $28 million in funding from sources including the owners of the new england patriots, milwaukee bucks and new york mets. skillz is hiring! if you’re interested in joining a fun and dynamic team dedicated to powering the future of sports, check out the current job openin