Skillz (SKLZ) Misses Q1 EPS by 5c, Revs Beat; Raises Outlook

Skillz (NYSE: SKLZ) reported Q1 EPS of ($0.15), $0.05 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $83.7 million versus the consensus estimate of $78.58 million.

“We are proud to report record-breaking first quarter results, giving us 21 consecutive quarters of revenue growth,” said Andrew Paradise, CEO and founder of Skillz. “Our performance and strong growth trajectory gave us the confidence to increase investment in Q1 and raise full year revenue guidance to $375 million.”

GUIDANCE:

Skillz sees FY2021 revenue of $375 million, versus the consensus of $369.2 million.

For earnings history and earnings-related data on Skillz (SKLZ) click here.

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