Skillz Announces Third Quarter 2024 Results
Skillz Inc. Class A (SKLZ)
Company Research
Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today reported unaudited financial results for the third quarter ended September 30, 2024.Third Quarter Financial Update (Unaudited):Revenue of $24.6 million.Net loss of $21.1 million.Adjusted EBITDA1 of $(13.9) million.Paying monthly active users (PMAU)2 of 121,000.Average Revenue Per Paying Monthly Active User (ARPPU)3 of $67.6.Total operating expenses excluding cost of revenue of $42.2 million.“Our third quarter operating performance was marked by continued execution on our strategic operating priorities as we further position Skillz to generate sustainable top-line growth and positive cash flow,” said Andrew Paradise, Skillz’ CEO. “Paying Monthly Average Users (pMAU) in the quarter was stable on a quarterly sequential basis. By focusing our customer acquisition spend on targeted channels we again achieved system-wid
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News
- Skillz Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Skillz Inc (SKLZ) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Focus [Yahoo! Finance]Yahoo! Finance
- Skillz (NYSE:SKLZ) Reports Sales Below Analyst Estimates In Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Skillz to Report 2024 Third Quarter Results on November 7 and Host Conference Call and WebcastBusiness Wire
- Skillz Announces Change of Date for 2024 Annual Meeting of StockholdersBusiness Wire
SKLZ
Earnings
- 11/7/24 - Miss
SKLZ
Sec Filings
- 11/19/24 - Form 4
- 11/18/24 - Form 4/A
- 11/18/24 - Form 4
- SKLZ's page on the SEC website