Skillz Inc (SKLZ) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Focus [Yahoo! Finance]
Skillz Inc. Class A (SKLZ)
Company Research
Source: Yahoo! Finance
Net Loss: $21 million, compared to a net loss of $34 million in Q3 2023. Cash and Cash Equivalents: $301 million, with an additional $10 million in restricted cash. Total Outstanding Debt: $130 million in total principal due. Research and Development Expense: $5 million, down 40% year over year. Sales and Marketing Expense: $18 million, down 40% year over year. General and Administrative Expense: $18 million, down 26% year over year. Paid User Conversion Rate: 14% in Q3, down from 15% in Q2. Cash Flow from Operating Activities: Negative $11 million in Q3 2024. Warning! GuruFocus has detected 5 Warning Signs with SKLZ. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Skillz Inc ( NYSE:SKLZ ) has maintained a strong balance sheet with cash, cash equivalents, and restricted cash totaling $311 million. The company has made progress in stabilizing its paying user base, with 121,000 p
Show less
Read more
Impact Snapshot
Event Time:
SKLZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SKLZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SKLZ alerts
High impacting Skillz Inc. Class A news events
Weekly update
A roundup of the hottest topics
SKLZ
News
- Skillz Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Skillz (NYSE:SKLZ) Reports Sales Below Analyst Estimates In Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Skillz Announces Third Quarter 2024 ResultsBusiness Wire
- 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