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Skillz Inc. (SKLZ)
:SKLZ
US Market
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Skillz (SKLZ) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 05, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
-1.12
Last Year’s EPS
-1.04
Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:May 04, 2021
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% Change Since: 8.17%
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Next Earnings Date:Mar 10, 2021
Earnings Call Sentiment|Neutral
The earnings call reflects a company in transition. While legal actions and improved financial metrics indicate positive steps, the significant revenue decline and challenges in user conversion are concerning. However, the company's strong cash position and stabilization of paying users provide a foundation for potential recovery.
Company Guidance
During the Skillz Inc. Q3 2024 earnings call, management provided guidance highlighting several key metrics. The company reported a paying monthly active user (MAU) count of 121,000, slightly down from 122,000 in the previous quarter, which reflects stability in user engagement. Revenue stood at $25 million, marking a 33% year-over-year decrease. The company's adjusted EBITDA loss improved to $13.9 million from $18.5 million in Q3 2023, with a negative margin of 57%. Legal expenses related to lawsuits against bot companies impacted this figure, as excluding these, the loss would have been $12.3 million. Operating cash flow was negative $11 million, aligning with the adjusted EBITDA. Skillz ended the quarter with $311 million in cash and equivalents, or $182 million net of debt. The company reiterated its focus on achieving positive adjusted EBITDA by 2025, supported by ongoing strategies across its four key pillars.
Legal Action Against Bot Companies
Skillz has filed lawsuits against companies like Papaya Games and Voodoo Games to protect stakeholders and ensure fairness in the gaming industry. This highlights their commitment to fair play and has also brought media attention to the issue.
Stabilization of Paying Users
Paying MAU stabilized at 121,000 in Q3 2024, showing consistent performance across the last three quarters.
Improved Financial Metrics
Adjusted EBITDA loss improved to $13.9 million in Q3 2024 from $18.5 million in Q3 2023, showing a 25% improvement year-over-year. Net loss also decreased to $21 million from $34 million in Q3 2023.
Strong Cash Position
Skillz ended Q3 with cash, cash equivalents, and restricted cash of $311 million, providing a strong runway for future growth.
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Skillz (SKLZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

SKLZ Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 10, 20212020 (Q4)
- / -2.80
-0.607-361.29% (-2.19)
May 04, 20212021 (Q1)
-2.53 / -3.00
0.031-9777.42% (-3.03)
Aug 03, 20212021 (Q2)
-1.86 / -4.20
0.016-26350.00% (-4.22)
Nov 03, 20212021 (Q3)
-2.63 / 2.60
-2.4208.33% (+5.00)
Feb 23, 20222021 (Q4)
-3.05 / -5.00
-2.8-78.57% (-2.20)
May 04, 20222022 (Q1)
-3.62 / -7.40
-3-146.67% (-4.40)
Aug 03, 20222022 (Q2)
-3.14 / -3.00
-4.228.57% (+1.20)
Nov 02, 20222022 (Q3)
-2.68 / -3.80
2.6-246.15% (-6.40)
Mar 30, 20232022 (Q4)
-2.46 / -6.80
-5-36.00% (-1.80)
May 09, 20232023 (Q1)
-1.38 / -1.80
-7.475.68% (+5.60)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SKLZ Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024$5.63$5.07-9.95%
Aug 01, 2024$6.32$6.10-3.48%
May 09, 2024$6.40$5.44-15.00%
Mar 14, 2024$6.40$6.29-1.72%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Skillz Inc. (SKLZ) report earnings?
Skillz Inc. (SKLZ) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
    What is Skillz Inc. (SKLZ) earnings time?
    Skillz Inc. (SKLZ) earnings time is at Mar 05, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is SKLZ EPS forecast?
          SKLZ EPS forecast for the fiscal quarter 2024 (Q4) is -1.12.
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