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Skillz Inc   (SKLZ)
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Price: $6.2900 $-0.11 -1.719%
Day's High: $6.3872 Week Perf: -8.97 %
Day's Low: $ 5.86 30 Day Perf: -9.63 %
Volume (M): 396 52 Wk High: $ 13.50
Volume (M$): $ 2,493 52 Wk Avg: $5.25
Open: $6.38 52 Wk Low: $0.46



 Market Capitalization (Millions $) 134
 Shares Outstanding (Millions) 21
 Employees -
 Revenues (TTM) (Millions $) 164
 Net Income (TTM) (Millions $) -243
 Cash Flow (TTM) (Millions $) 90
 Capital Exp. (TTM) (Millions $) 12

Skillz Inc
Skillz Inc. is a mobile gaming platform that allows game developers to create and monetize online multiplayer games. It was founded in 2012 by Andrew Paradise, a former professional poker player and entrepreneur, with the intention of making gaming accessible to everyone, regardless of their location or socio-economic status.

The company's flagship product is the Skillz platform, which provides game developers with the tools they need to incorporate an online multiplayer experience into their games. Skillz has also developed a proprietary tournament platform, which allows players to compete against each other for cash prizes. Skillz takes a percentage of each prize pool as its revenue.

Since its inception, Skillz has experienced impressive growth, with millions of active players and hundreds of millions of dollars in annual revenue. The company has also partnered with major game developers and publishers, such as Glu Mobile, Jam City, and Square Enix.

Skillz has received several awards and recognition for its innovative approach to mobile gaming, including being named to the Forbes' Next Billion-Dollar Startups list in 2017 and 2018, and being recognized as one of Fast Company's Most Innovative Companies in gaming in both 2017 and 2018.

In addition to its gaming platform, Skillz has also developed a social impact program called the Skilled Gaming Federation. The program provides resources and mentorship to underprivileged youth in order to teach them valuable life skills such as critical thinking, problem-solving, and teamwork through gaming.

Overall, Skillz is a unique and innovative company that has revolutionized the mobile gaming industry by providing game developers with the tools they need to create engaging and profitable online multiplayer games, while also giving players the opportunity to compete for cash prizes in a fun and social environment.


   Company Address: 6625 Badura Avenue Las Vegas 89118 NV
   Company Phone Number: 762-0511   Stock Exchange / Ticker: NYSE SKLZ
   SKLZ is expected to report next financial results on March 30, 2024.


   

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Skillz Inc

Skillz Inc's Revenue Plummets by Nearly 40% as Financial Difficulties Mount

Skillz Inc, the mobile games platform, recently reported its financial results for the third quarter of 2023. The numbers were less than favorable, with the company experiencing a significant increase in the deficit per share compared to the previous year. The deficit per share rose from $-0.19 to $-1.57, and there was also an increase from the previous reporting period, with the deficit per share reaching $-1.05.
Additionally, the revenue for the third quarter of 2023 decreased by -39.545% to $36.43 million from $60.26 million in the same reporting period a year ago. Sequentially, revenue also deteriorated by -9.309% from $40.17 million. These figures indicate a challenging period for Skillz Inc in terms of generating revenue.

Skillz Inc

Skillz Inc's Revenue Takes a Hit: Unveiling the Financial Second Quarter of 2023

Skillz Inc (SKLZ) faced a challenging period for the April to June 30, 2023 quarter, as it reported a significant increase in its deficit per share compared to the previous year. However, it is important to analyze the company's performance in a broader context to understand the full picture.
During this period, Skillz reported a deficit per share of $-1.05, a marked increase from the $-0.15 deficit per share it reported a year ago. Additionally, the deficit increased from $-0.09 per share in the preceding quarter. While these figures might initially cause concern, it is crucial to consider the company's overall trajectory and future prospects.

Skillz Inc

Company's First Quarter Performance Shows Significant Revenue Decline in 2023

Skillz Inc. is a popular mobile gaming platform that has been in the spotlight for its remarkable growth and innovation. The financial results of the company for the span ending March 31, 2023, reveal some interesting trends and developments worth highlighting.
One of the key highlights from the financial report is the significant improvement in the loss per share of the company. Skillz Inc. reported a loss per share of $-0.09, which is a significant improvement from the previous year's loss per share of $-0.37. This indicates that the company's operational efficiency and productivity have increased, resulting in better financial performance.






 

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