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Skillz Outperforms Fourth Quarter and Full Year 2020 Financial Results – Consumer Electronics Net


3 weeks ago
– Full Year Revenue of $230 million vs $225 million Guidance, Up 92% Year-over-Year
– Initiates Full Year 2021 Revenue Guidance of $366 Million
SAN FRANCISCO–(BUSINESS WIRE)–Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today announced financial results for the fourth quarter and full year ended December 31, 2020 and initiated full year 2021 revenue guidance.
“Our first quarter as a publicly traded company was our twentieth consecutive quarter of revenue growth,” said Andrew Paradise, CEO and founder. “We look forward to many more such quarters ahead.”
Fourth Quarter Financial Highlights
Revenue grew to $68 million during the fourth quarter of 2020, 8% higher than expectations, and up 95% compared with $35 million during the comparable quarter in 2019. ....

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