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Skillz Inc. (Symbol: SKLZ) is a leader in the mobile esports industry. Founded in 2012, Skillz has revolutionized the way mobile gamers compete, offering a comprehensive tournament management system that can be integrated into any mobile game. This system enables developers to offer competitive esports experiences to users of all skill levels, from amateurs to professionals.
As of today, Skillz has hosted more than 40 million mobile tournaments with players in over 180 countries participating. The platform has become a trusted partner for over 1,100 game studios, awarding over $1 million in cash prizes to players every two weeks. This impressive reach and engagement have positioned Skillz as a significant player in the mobile gaming industry.
Skillz's focus is on fostering a competitive yet fair environment that benefits both players and developers. The company has raised over $28 million in funding from prominent investors, including the owners of the New England Patriots, Milwaukee Bucks, and New York Mets. Skillz operates out of its offices in San Francisco and Boston and continues to expand its team, inviting professionals passionate about shaping the future of esports to join their dynamic workforce.
The company's recent achievements and current projects underscore its commitment to innovation and growth. With ongoing partnerships and a strong financial standing, Skillz is well-poised to continue leading the mobile esports sector, providing lucrative opportunities for its investors and exciting experiences for its users.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced that CEO Andrew Paradise will speak at the Canaccord Genuity Digital Gaming Summit on November 30, 2021, at 10:30am PT / 1:30pm ET. The event will include a fireside chat, which can be accessed via a live audio webcast on Skillz's website. The company is recognized for its fair competition among players and supports developers in creating successful franchises through its patented technology.
The Drone Racing League (DRL) has launched its first mobile game, Drone Racing Arcade, in partnership with Skillz (NYSE: SKLZ). Released on November 15, 2021, this mobile game allows players to experience competitive drone racing through Skillz-hosted tournaments starting in December, with chances to win exclusive prizes. The game showcases simple touchscreen controls for an immersive racing experience, featuring neon-lit courses and challenges. DRL aims to engage its fan base and expand into mobile gaming.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced that CEO Andrew Paradise will participate in the RBC Capital Markets Technology, Internet, Media and Telecom Conference on November 16-17, 2021. Paradise's fireside chat is scheduled for November 16 at 12:20 PM PT / 3:20 PM ET. The discussion will be accessible via a live audio webcast on Skillz's website, with a replay available later. Skillz is known for fostering fair competition among players and hosting casual esports tournaments.
Skillz (NYSE: SKLZ) announced that its CFO, Ian Lee, will participate in the Jefferies Global Interactive Entertainment Conference on November 11-12, 2021. Lee's fireside chat is scheduled for 11:15 AM PT / 2:15 PM ET on November 11. Interested parties can access a live audio webcast through the Investors section of the Skillz website, where a replay will be available post-event. Skillz is renowned as a leading mobile games platform, facilitating social competition and hosting numerous casual esports tournaments globally.
Skillz Inc. (NYSE: SKLZ) reported strong Q3 2021 results, with revenue soaring 70% year-over-year to $102.1 million. The growth was fueled by a 47% increase in Paying Monthly Active Users (MAU). Gross profit reached $94.4 million, up 66%, while net income turned positive at $50.8 million, compared to a loss of $42.9 million the previous year. Notably, the company launched Big Buck Hunter: Marksman, topping the Sports category in the App Store. Skillz also affirmed its full-year revenue guidance of $389 million.
Skillz (NYSE: SKLZ) has appointed Vatsal Bhardwaj as Chief Product Officer to drive innovation and growth in mobile gaming. Bhardwaj, with nearly two decades of experience at Amazon and Facebook, is expected to enhance Skillz's product offerings and expand multiplayer gaming experiences. He aims to create new gameplay technologies and build strategic partnerships to benefit players and developers alike. Skillz is recognized for connecting players in competitive environments and has implemented various successful initiatives in esports and social gaming.
Skillz Inc. (NYSE: SKLZ) will release its third quarter 2021 results on November 3, 2021, after market close. A stockholder letter detailing financial results will be available on its investor relations website: investors.skillz.com. A live Q&A conference call will begin at 5:30 PM ET with registration needed for access. Participants can listen to a replay of the call through November 10, 2021. Skillz is recognized for its innovative mobile gaming platform that facilitates fair competition among players worldwide.
Skillz (NYSE: SKLZ) announced the launch of its latest mobile game, Big Buck Hunter: Marksman, during the 14th Annual Big Buck Hunter World Championship in Chicago on October 1-2. This marks Skillz's entry into the first-person shooter genre, with the new game already reaching No. 3 in the sports category on the App Store. The event features a mobile esports tournament with a $5,000 grand prize, allowing players worldwide to compete. The highly popular Big Buck Hunter franchise has a devoted fan base, ensuring a lively competition.
Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced CEO Andrew Paradise's participation in Citigroup's 2021 Global Technology Virtual Conference from September 13-15, 2021. Paradise will engage in a fireside chat on September 13 at 10:00 AM PT / 1:00 PM ET. A live audio webcast will be accessible through the Investors section of the Skillz website, with a replay available later. Skillz has established itself as a significant player in casual esports, hosting tournaments and providing millions in prizes each month.
Skillz (NYSE: SKLZ) has announced a collaboration with etermax to develop a new game based on the globally popular trivia franchise, Trivia Crack. This new game will be exclusive to the Skillz platform, enabling competitive, live tournament-style play for real-world prizes. Trivia Crack, known for its massive fan base and availability in over 180 countries, has inspired numerous mobile titles and boasts over 600 million downloads. Skillz aims to enhance its gaming portfolio while leveraging Trivia Crack's extensive audience to drive monetization through its competitive gaming system.
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