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Skillz Inc - SKLZ STOCK NEWS

Welcome to our dedicated page for Skillz news (Ticker: SKLZ), a resource for investors and traders seeking the latest updates and insights on Skillz stock.

Skillz Inc. (NYSE: SKLZ), the mobile esports pioneer, empowers competitive gaming through its tournament platform. This dedicated news hub provides investors and industry followers with centralized access to official corporate developments.

Track verified updates including quarterly earnings, strategic partnerships, and platform innovations. Our curated collection ensures efficient monitoring of operational milestones and regulatory filings that shape SKLZ's market position.

Key content categories include product launch announcements, leadership changes, financial disclosures, and esports industry trends directly impacting Skillz. All materials are sourced from authorized releases to maintain factual accuracy.

Bookmark this page for streamlined access to SKLZ's evolving story in competitive mobile gaming. Combine regular visits with portfolio tracking tools for comprehensive investment analysis.

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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.

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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.

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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.

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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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Skillz Inc. (NYSE: SKLZ) reported strong financial results for Q2 2021, achieving revenue growth of 52%, totaling $89.5 million. Gross profit also rose by 52% to $85.1 million, maintaining a gross margin of 95%. However, the net loss increased to $79.6 million, compared to $20.2 million in Q2 2020. The company acquired marketing platform Aarki, enhancing its user acquisition strategies. Skillz updated its full-year revenue forecast to $389 million, including Aarki's contribution.

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Skillz (NYSE: SKLZ) has formed a strategic partnership with Exit Games, a developer of advanced synchronous multiplayer gaming technology. Skillz's $50 million investment provides them permanent access to Exit's technology, enhancing their esports tournaments and platform capabilities. This partnership aims to accelerate Skillz's entry into popular gaming genres, such as battle royale, and attract a wider pool of developers. The collaboration is expected to enhance the gaming experience while ensuring fairness for players.

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Skillz (NYSE: SKLZ) announced plans to release its second quarter 2021 results post-market on August 3, 2021. Investors can expect a letter detailing these results on the company’s investor relations website. A live Q&A conference call with analysts and investors will follow at 5:30 PM ET, accessible via registration. A replay of the call will be available until August 10. Skillz is recognized as a leading mobile games platform that promotes fair competition and distributes millions in prizes monthly.

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Skillz (NYSE: SKLZ) has announced the redemption of all outstanding public warrants to purchase its Class A common stock at $0.01 per warrant, effective after 5pm NY time on August 16, 2021. This decision follows the achievement of the necessary share price requirement of $18.00 for 20 trading days within a 30-day period as of July 13, 2021. Holders can exercise their warrants at an $11.50 per share price until the deadline. Those remaining unexercised will be void post-deadline, only receiving the redemption amount.

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PLBY Group, Inc. (NASDAQ: PLBY), the parent of Playboy, announces a four-week series of Playboy-branded gaming tournaments starting June 11, 2021, on Skillz (NYSE: SKLZ). Players can compete in games like Pool Payday, Solitaire Cube, and 21 Blitz for unique Playboy merchandise. This initiative aims to engage Skillz's millions of users while enhancing Playboy's brand presence in gaming. Rachel Webber, Chief Brand Officer at Playboy, expressed excitement for the collaboration, highlighting Skillz's community-driven gaming approach.

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Skillz Inc

NYSE:SKLZ

SKLZ Rankings

SKLZ Stock Data

74.45M
11.12M
15.42%
36.77%
9.54%
Electronic Gaming & Multimedia
Services-computer Processing & Data Preparation
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United States
LAS VEGAS