Skillz Reports Sales Below Analyst Estimates In Q2 Earnings
| SKLZ Stock | USD 6.09 0.30 5.18% |
Slightly above 55% of Skillz Platform's investors are presently thinking to get in. The analysis of overall sentiment of trading Skillz Platform stock suggests that some investors are interested at this time. Skillz Platform's investing sentiment can be driven by a variety of factors including economic data, Skillz Platform's earnings reports, geopolitical events, and overall market trends.
Mobile game developer Skillz fell short of analysts expectations in Q2 CY2024, with revenue down 37 percent year on year to 25.3 million. It made a GAAP profit of 1.44 per share, improving from its loss of 0.79 per share in the same quarter last year.
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Skillz Platform Fundamental Analysis
We analyze Skillz Platform's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillz Platform using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillz Platform based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
Skillz Platform is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Skillz Platform Potential Pair-trading
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Peers
Skillz Platform Related Equities
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