Skillz Inc. (NYSE:SKLZ) Q2 2023 Earnings Conference Call August 2, 2023 4:30 PM ET

Company Participants

James Leahy - Investor Relations

Andrew Paradise - Chief Executive Officer

Jason Roswig - President & Chief Financial Officer

Casey Chafkin - Chief Strategy Officer

Conference Call Participants

Jason Tilchen - Canaccord Genuity

Operator

Hello and welcome to today's Skillz Inc. 2023 Second Quarter Results Call. My name is Bailey and I'll be your moderator for today. [Operator Instructions] I would now like to pass the conference over to Jim Leahy, Investor Relations for Skillz Inc. Please go ahead.

James Leahy

Good afternoon and welcome to the Skillz second quarter earnings conference call. On the call today are Andrew Paradise, Skillz Co-Founder and CEO; Casey Chafkin, Co-Founder and CSO [ph]; and Jason Roswig, President and CFO. This afternoon, Skillz issued its 2023 second quarter results release which is available on the company's Investor Relations website.

Before I turn the call over to Andrew, please note that some of the management's comments today will include forward-looking statements within the meaning of federal securities laws. Forward-looking statements which are usually identified by the use of words such as will, expect, should or other similar phrases are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Therefore, you should exercise caution in interpreting and relying on them. We refer you to the company's SEC filings for a more detailed discussion of the risks that could impact future operating results and financial condition. During the call, management will discuss non-GAAP measures which it believes can be useful in evaluating the company's operating performance. These measures should not be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP. A reconciliation of these measures to the most directly comparable GAAP measures is available in the company's second quarter 2023 earnings release.

With that, I'll turn the call over to Andrew for some opening remarks, followed by Jason for a discussion of our financial performance before we open the call for questions. Andrew?

Andrew Paradise

Thank you for the introduction and good afternoon to everyone. Throughout the second quarter, we made further progress on the 4 strategic pillars we laid out last year that we expect will position Skillz to deliver consistent top line growth and positive cash flow. As a reminder, these 4 pillars are: First, enhancing our platform to improve customer developer engagement and retention; second, up-leveling our organization; and third, improving our go-to-market efficiency. Our successful execution against these first 3 pillars then leads into the progress we are making with achieving our fourth key pillar, demonstrating a clear path to profitability.