Investing.com - Skillz Platform reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Skillz Platform announced earnings per share of $-0.19 on revenue of $60M. Analysts polled by Investing.com anticipated EPS of $-0.14 on revenue of $94.97M.
Skillz Platform shares are up 17.79% from the beginning of the year, still down 92.69% from its 52 week high of $13.13 set on November 8, 2021.
Skillz Platform shares gained 2.08% in after-hours trade following the report.
Skillz Platform follows other major Communication Services sector earnings this month
Skillz Platform's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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