Skillz (SKLZ) Misses Q4 EPS by 22c
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Skillz Announces Q4 2022 and Fiscal Year 2022 Results
March 30, 2023 4:05 PM EDTFourth Quarter Revenue of $46.9 million, Net Loss of $143.5 million
Adjusted EBITDA1 of $(9.5) million
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 results for the fourth quarter and fiscal year ending December 31, 2022.
Fourth Quarter Financial Update:
Revenue of $46.9 million, down 57% year over year. Gross profit of $42.0 million. Net loss of $143.5 million. Adjusted EBITDA1 of $(9.5) million. Paying monthly active users (PMAU)2 of... More