Skillz Inc reports results for the quarter ended in December - Earnings Summary

Firy

30/03/2023 22:36

* Skillz Inc  SKLZ.N  reported a quarterly adjusted loss
of 34
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue fell 56.9% to $46.87 million from a year ago;
analysts
expected $48.71 million. 
    * Skillz Inc's reported EPS for the quarter was a loss of 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Skillz Inc shares had risen by 1.4% this quarter.
    * The company reported a quarterly loss of $143.48 million.
    * Wall Street's median 12-month price target for Skillz Inc
is
$1.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 09:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.12          -0.34          Missed
 Sep. 30 2022      -0.13          -0.07          Beat
 Jun. 30 2022      -0.16          -0.14          Beat
 Mar. 31 2022      -0.18          -0.37          Missed