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Mar 31, 2023
Skillz Q1 2023 Earnings Report
Skillz's turnaround efforts showed cautious optimism with progress on profitability pillars.
Key Takeaways
Skillz Inc. reported first quarter 2023 results with a revenue of $44.4 million and a net loss of $35.6 million. The company is in the midst of a turnaround, focusing on four pillars to achieve profitability. They are cautiously optimistic about the progress made.
Revenue was $44.4 million.
Gross profit reached $39.8 million.
Net loss amounted to $35.6 million.
Paying monthly active users (PMAU) were 214 thousand.
Forward Guidance
Skillz did not provide specific forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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