Streetbeat News

SKLZ

Skillz Inc.

https://www.skillz.com

Industry

Electronic Gaming & Multimedia

Skillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users worldwide. It also hosts casual esports tournaments to a range of mobile players. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is headquartered in San Francisco, California.

Open

4.92

Mkt cap

90M

Volume

124K

High

5.15

P/E Ratio

-2.49

52-wk high

7.48

Low

4.91

Div yield

N/A

52-wk low

4.72

Skillz (NYSE:SKLZ) reported Q4 earnings with an EPS of $-1.04, beating estimates by 26.0% but with a revenue decrease of $17.73 million from the previous year. The company had previously missed EPS estimates last quarter, leading to a 13.0% share price drop the following day. Historical data shows fluctuating EPS and revenue figures over the past quarters.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:15 pm

Skillz Inc. (SKLZ) reported Q4 2023 earnings with a loss of $(1.04) per share, surpassing the $(1.41) estimate, marking a significant improvement from last year's $(6.90) loss. However, their sales of $29.138M fell short of the expected $38.087M, showing a 37.83% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:14 pm

Numerous companies are scheduled to report their earnings on March 14, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with key figures such as revenue and per-share earnings highlighted for each company.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 9:52 am

Skillz (NYSE:SKLZ) is anticipated to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-1.41. Analysts and investors are keen on not just the earnings beat or miss but also the company's guidance for future growth. Historical data shows a pattern of stock price decline following earnings misses. Currently, Skillz shares are trading at $6.9, marking a 31.68% decrease over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 7:02 pm

In Monday's intraday session, several communication services stocks experienced significant movements. Ucloudlink Group (UCL) led the gainers with a 21.3% increase, while Direct Digital Holdings (DRCT) saw the largest decrease among the losers, dropping 22.2%. Other notable movers included Oriental Culture Holding (OCG), E W Scripps (SSP), and Skillz (SKLZ) on the gainers' side, and Pop Culture Gr (CPOP), Reading Intl (RDIB), and Manchester United (MANU) among the losers.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:31 pm

Skillz Inc. (NYSE:SKLZ) has seen a 10.83% decrease in short interest since its last report, with 1.98 million shares sold short, representing 11.77% of its float. The average time to cover these short positions is 9.67 days. A decrease in short interest can indicate a more bullish sentiment among investors. Skillz has a higher short interest compared to its peer group average of 3.33%.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 5:30 pm

Skillz Inc. has announced that Jason Roswig will step down as CFO. Gaetano Franceschi has been appointed as the new CFO, according to an 8-K filing.

Portfolio Pulse from Charles Gross

January 09, 2024 | 11:33 am

In Tuesday's after-market session, several communication services stocks experienced movement. Mobiquity Technologies (MOBQ) saw a significant increase of 26.0%, while Ooma (OOMA) faced a notable decrease of 5.4% after their Q3 earnings report. Other gainers included VS Media Holdings (VSME), Hanryu Holdings (HRYU), Lizhi (LIZI), Chicken Soup for the Soul (CSSE), and NFT (MI). Losers comprised ZW Data Action Tech (CNET), Collective Audience (CAUD), Bumble (BMBL), Skillz (SKLZ), and FaZe Hldgs (FAZE).

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:31 pm

In Thursday's pre-market session, several communication services stocks experienced significant movements. Arena Group Holdings (AREN) led the gainers with an 11.8% increase, while Lizhi (LIZI) saw the largest drop among the losers, falling 22.8%. Other notable gainers include Motorsport Games (MSGM), Collective Audience (CAUD), Chicken Soup for the Soul (CSSE), Skillz (SKLZ), and VS Media Holdings (VSME). On the losing side, Grupo Televisa (TV), Asset Entities (ASST), Weibo (WB), The9 (NCTY), and Super League Enterprise (SLE) also saw declines.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:06 pm

Stifel analyst Drew Crum has maintained a Buy rating on Skillz (NYSE:SKLZ) but has reduced the price target from $13 to $10.5.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:37 pm

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