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Skillz shares rose despite missing earnings estimates due to strong revenue.
Skillz reported a quarterly loss of $1.07 per share and missed analyst estimates, though revenue beat expectations at $30.01 million.
Despite the earnings miss, the stock rose $0.30 to $2.58 as investors focused on the revenue beat.
Analysts hold a mixed outlook, with one Buy and one Sell rating resulting in a consensus "Hold" rating and a $15.00 target price.
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Las acciones de Skillz aumentaron a pesar de las estimaciones de ganancias faltantes debido a los fuertes ingresos.