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Stock impact report

Skillz (NYSE:SKLZ) Misses Q4 Revenue Estimates, Stock Drops [Yahoo! Finance]

Skillz Inc. Class A (SKLZ) 
Company Research Source: Yahoo! Finance
expectations in Q4 CY2024, with sales falling 30.1% year on year to $20.37 million. Its GAAP loss of $1.50 per share was 32% below analysts' consensus estimates. Is now the time to buy Skillz? Find out in our full research report Skillz (SKLZ) Q4 CY2024 Highlights: Revenue: $20.37 million vs analyst estimates of $25.04 million (30.1% year-on-year decline, 18.7% miss) EPS (GAAP): -$1.50 vs analyst expectations of -$1.14 (32% miss) Adjusted EBITDA: -$18.51 million vs analyst estimates of -$13.27 million (-90.9% margin, 39.5% miss) Operating Margin: -128%, down from -87.6% in the same quarter last year Free Cash Flow was -$21.06 million compared to -$11.1 million in the previous quarter Paying Monthly Active Users: 110,000, down 27,000 year on year Market Capitalization: $96.31 million Company Overview Taking a new twist at video gaming, Skillz (NYSE:SKLZ) offers developers a platform to create and distribute mobile games where players can pay fees to compete for ca Show less Read more
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