Skillz (NYSE:FIRY – Get Free Report) released its quarterly earnings results on Thursday. The company reported ($1.52) earnings per share (EPS) for the quarter, Zacks reports. Skillz had a negative net margin of 48.49% and a negative return on equity of 52.81%. The business had revenue of $30.99 million during the quarter.
Skillz Trading Down 4.3%
NYSE FIRY traded down $0.43 on Friday, reaching $9.69. The company had a trading volume of 111,259 shares, compared to its average volume of 718,329. Skillz has a 52 week low of $2.23 and a 52 week high of $20.00. The company has a market capitalization of $151.25 million, a PE ratio of -2.78 and a beta of 4.56.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings started coverage on shares of Skillz in a research note on Monday, July 6th. They set a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Skillz currently has an average rating of “Sell”.
Skillz Company Profile
Skillz Inc is a mobile games platform that enables developers to build competitive, skill-based games and allows players to compete against one another in real-time contests. The company provides tools and services designed to help game studios add tournament-style gameplay, player matching, and social competition features to mobile titles.
Through its platform, Skillz hosts and powers multiplayer competitions across a range of casual game genres, with an emphasis on monetization through paid contests and in-game competition.
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