Skillz Earnings Miss, User Base Shrinks

Skillz (NYSE:SKLZ), known for its mobile gaming competitive platform, reported its fourth-quarter results on March 13, 2025.

The release showed a steep decline in revenue and a widening net loss, missing analyst expectations. Revenue for Q4 2024 was $20.4 million, down from $31.1 million in Q4 2023 and not meeting FactSet estimates of $25 million. The company's net loss for the quarter was $26.4 million, resulting in a GAAP EPS of ($1.50), versus the expected ($1.13) net loss per share.

This quarter underscores Skillz’s struggle to stabilize revenue while facing headwinds in user engagement.

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Source Fool.com