Skillz's Q3 earnings missed EPS and revenue estimates, causing shares to drop.
Skillz (NYSE: SKLZ) released its Q3 earnings, missing consensus EPS expectations by $0.21 at ($1.45) and falling short of revenue estimates by $4.26 million. Shares dropped $0.96 to $5.44. The company reported a negative net margin of 74.59% and a negative return on equity of 50.98%. Skillz's stock has a market cap of $116.69M, a PE ratio of -1.08, and a beta of 2.76.
May 10, 2024
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