Skillz (SKLZ) Reports In-Line Q2 EPS; Lowers Outlook
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Skillz Announces Q2 2022 Results
August 3, 2022 4:25 PM EDT59% Improvement in Net Loss Quarter-Over-Quarter1
Eliminated Unprofitable Revenue Programs to Improve Adjusted EBITDA2 by 48% Quarter-Over-Quarter
SAN FRANCISCO--(BUSINESS WIRE)-- Skillz Inc. (NYSE: SKLZ) (Skillz or the Company), the leading mobile games platform bringing fair competition to players worldwide, today announced financial results for the second quarter ended June 30, 2022.
We are driving the company towards profitability and are making changes to our programs and personnel accordingly. We reduced our Net Loss by 59% quarter-over-quarter in Q2 2022, said Skillz CEO Andrew Paradise. We are building for the long... More
