Skillz Inc is a technology company that operates a mobile gaming platform, enabling developers to create and monetize competitive multiplayer games
The platform provides a unique ecosystem where players can engage in skill-based competitions and tournaments, offering cash prizes and rewards. Skillz focuses on enhancing the player experience through its innovative matchmaking technology and robust user engagement tools, facilitating a vibrant community of gamers. In addition, the company partners with game developers to integrate its competitive gaming solutions, thereby expanding the reach and profitability of their mobile games.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Electronic Arts (NASDAQEA) and its peers.
What a brutal six months it’s been for Skillz. The stock has dropped 24.3% and now trades at $5.10, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Airbnb (NASDAQABNB) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Remitly (NASDAQRELY) and the rest of the consumer internet stocks fared in Q3.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how video gaming stocks fared in Q3, starting with Skillz (NYSESKLZ).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer internet industry, including Robinhood (NASDAQHOOD) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Booking (NASDAQBKNG) and the rest of the consumer internet stocks fared in Q3.
Looking back on consumer internet stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Expedia (NASDAQEXPE) and its peers.
Mobile game developer Skillz (NYSESKLZ) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 32.6% year on year to $24.56 million. Its GAAP loss of $1.20 per share was also 7.4% below analysts’ consensus estimates.
