Market gave too high expectation to this company . Can see Skillz is aggressive. At least can see their strategy and plan compare to last year.
Skillz stock fell more than 10% in premarket trading
Skillz stock fell more than 10% in premarket trading after reporting Q3 results missed estimate.Skillz reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 14.29 percent. This is a 14.29 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $102.07 million which missed the analyst consensus estimate of $102.31 million by 0.23 percent. This is a 70.25 percent increase over sales of $59.95 million