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8-K filed November 8, 2023, 6:59 PM ET ticker SKLZ CIK 0001801661
earnings confidence high sentiment negative materiality 0.60

Skillz Q3 2023 revenue $36.4M, net loss $(33.5)M, PMAU 168K

Skillz Inc.

2023-Q3 EPS reported -$4.05 revenue$120,975,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.6

Skillz Inc. reported third quarter ended September 30, 2023 results: revenue $36.4 million.

Period
third quarter ended September 30, 2023
Revenue
$36.4 million
Result
reported results
Exact text from the filing
2023 Third Quarter and Recent Financial Highlights: • Revenue of $36.4 million • Gross profit of $32.7 million • Net loss of $(33.5) million • Adjusted EBITDA 1 of $(18.5) million • Paying monthly active users (PMAU) 2 of 168,000 • Average Revenue Per Paying Monthly Active User (ARPPU) 3 of $72.3 • Total operating expenses of $64.1 million • Cash, cash equivalents, restricted cash, and marketable securities of $339.9 million as of September 30, 2023 • Total outstanding debt of $129.7 million as of September 30, 2023 1 Adjusted EBITDA is a non-GAAP financial measure metric; for a reconciliation of each non-GAAP measure against its most comparable GAAP metric, please see the section titled “
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Skillz Inc. filing history →

Source: SEC EDGAR
accession 0001979813-23-000009
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