These 2 Things Are More Important for Skillz than Revenue Growth
Mobile gaming platform Skillz (NYSE: SKLZ) just recently became a public company. It reported full-year 2020 results back in March but the company is still in what's called a "quiet period" -- management isn't allowed to give much color commentary right now. However, that's about to change. Skillz is scheduled to report results for the first quarter of 2021 on May 4, and management will host a conference call to discuss results after the market closes that day.
When it reports first quarter results, many investors will focus on Skillz's revenue growth rate. Others will dial in on overall user growth. But I recommend you pay close attention to user deposits and user withdrawals when gauging the long-term health of this company. Here's why.
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Source Fool.com
