Skillz (SKLZ) Misses Q1 EPS, Maintains FY Revenue Outlook

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Skillz Announces Q1 2022 Results, Paving the Path to Profitable Growth

May 4, 2022 4:15 PM EDT

Delivered $93 million in Revenue with Higher Marketing Efficiency Resulting in $17 million Improvement in Adjusted EBITDA over Q4 2021

Launched Breakthrough Innovation with Cloud Gaming Technology

Announced Finalists for the NFL & Skillz Game Developer Challenge

SAN FRANCISCO--(BUSINESS WIRE)-- Skillz Inc. (NYSE: SKLZ) (Skillz or the Company), the leading mobile games platform bringing fair competition to players worldwide, today announced financial results for the first quarter ended March 31, 2022.

Skillz drove strong improvement in marketing efficiency in the first quarter of 2022, said Skillz CEO Andrew Paradise. We... More