Firy Inc. Stock Begins Trading on NYSE
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 22 2026
0mins
Firy Inc., formerly Skillz Inc., announced that its Class A common stock has begun trading on the New York Stock Exchange under the new ticker symbol "FIRY," effective at market open today. The change follows the Company's corporate name change from Skillz Inc. to Firy Inc. FIRY serves as the corporate parent of three independent, complementary businesses: Skillz, a real-money skill-based mobile gaming platform the Company founded in 2012; RZR, an AI-powered performance marketing platform; and Beamable, a developer backend and LiveOps infrastructure layer. Each of these businesses retains its name and brand identity and operates independently within the FIRY portfolio. The Company detailed the rebrand, new corporate identity, and its portfolio strategy at its Annual Shareholder Meeting. Existing shareholders are not required to take any action. The Company's Class A common stock continues to be listed on the NYSE and the CUSIP remains unchanged.
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Analyst Views on SKLZ
About SKLZ
Firy Inc., formerly Skillz Inc., is a holding company. Through its portfolio, including Skillz and RZR, the Company operates at the intersection of content, identity, commerce, and performance marketing. The Skillz platform helps developers create franchises by enabling social competition in their games. It hosts various casual eSports tournaments for various mobile players worldwide. Skillz technology platform aligns the interests of developers and gamers with respect to user monetization. It monetizes user engagement primarily through prizes. RZR is a performance marketing platform that enables advertisers to acquire, retain, and monetize users across mobile, connected television (CTV), and other digital channels. The platform utilizes proprietary machine learning and neural network-based architecture to optimize campaigns across. RZR serves a set of industries, including consumer applications, retail, food and beverage, and entertainment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Skillz to Rebrand as Firy Inc. with New Ticker FIRY
- Corporate Rebranding: Skillz announced its intention to change its name to Firy Inc. on June 18, with trading under the new ticker FIRY on the NYSE starting June 22, aiming to enhance brand perception and attract investor interest.
- Financial Health: CFO Gaetano Franceschi highlighted during the latest earnings call that the company ended Q1 with $185 million in cash and cash equivalents against $130 million in outstanding debt, indicating prudent capital management and a healthy balance sheet.
- Debt Management Strategy: As the $130 million debt approaches maturity later this year, Skillz is evaluating a range of strategic alternatives to optimize its capital structure, ensuring a pathway to sustainable profitability and long-term shareholder value creation.
- Future Outlook: Franceschi emphasized the company's commitment to driving business forward and plans to provide further updates on progress in 2026, reflecting confidence in future growth prospects and strategic direction.
See More
Skillz Q1 2026 Earnings Report Analysis
- Revenue Growth and Challenges: Skillz reported GAAP revenue of $29 million for Q1 2026, reflecting a 33% year-over-year increase but a 3% quarter-over-quarter decline, indicating potential growth slowdown that may affect investor confidence.
- Legal Victory and Financial Impact: The company secured $420 million in damages from Papaya Gaming, yet faces $130 million in debt due, which could improve cash flow in the short term but raises concerns about long-term financial stability.
- User Engagement Fluctuations: Paying Monthly Active Users (PMAU) decreased by 9% quarter-over-quarter to 128,000, despite a 7% increase in Average Revenue Per Paying User (ARPPU), suggesting challenges in user acquisition that necessitate a reassessment of market strategies.
- Strategic Shift and Future Outlook: Skillz is transitioning towards owning and operating games, acquiring Blackout Bingo and Dominoes Gold to enhance platform stability and revenue diversity, although risks of developer attrition remain, requiring effective counter-strategies.
See More
Skillz (SKLZ) Q4 2025 Earnings Transcript
See More
Skillz (SKLZ) Q1 2026 Earnings Transcript
See More
Skillz Scheduled to Announce Q1 Earnings on May 15
- Earnings Announcement Schedule: Skillz (SKLZ) is set to release its Q1 2023 earnings report on May 15 after market close, with consensus EPS estimates at -$0.58 and revenue estimates at $30.5 million, indicating ongoing challenges in profitability.
- Historical Performance Review: Over the past year, Skillz has only beaten EPS estimates 25% of the time and revenue estimates 25% of the time, suggesting difficulties in meeting market expectations, which could impact investor confidence.
- Market Reaction Analysis: Following a jury verdict in favor of Skillz in the Papaya Gaming case, the stock experienced a rally but was subsequently hit by profit-taking, indicating potential volatility that may affect investor sentiment ahead of the earnings report.
- Analyst Rating Dynamics: Skillz's market performance is under scrutiny according to Seeking Alpha's Quant Rating, and investors should closely monitor the upcoming earnings report to assess the company's future profitability and competitive position.
See More
Skillz Shares Drop 40% After 238% Surge Following $420M Jury Verdict
- Stock Volatility: Following a jury's ruling that found Papaya Gaming liable for false advertising and awarded Skillz $420 million, Skillz's shares surged 238% to a five-year high on Thursday, but faced profit-taking pressure on Friday, dropping nearly 40% within the first hour of trading.
- Legal Victory Impact: The jury's decision not only grants Skillz $420 million in damages but also opens the door for an additional $719 million in profit disgorgement and $652 million in cost-saving disgorgement, highlighting the significant financial implications of this legal victory for the company.
- Loss Claims Context: Skillz claims that Papaya's actions resulted in losses of up to $4.5 billion, primarily due to amounts stolen from tournaments, underscoring the detrimental impact of unfair competition on the company's financial health.
- Market Reaction Analysis: Despite the substantial compensation awarded, Skillz's stock remains vulnerable to profit-taking, reflecting investor sensitivity to short-term fluctuations and uncertainty regarding the company's future profitability.
See More
Skillz to Rebrand as Firy Inc. with New Ticker FIRY
- Corporate Rebranding: Skillz announced its intention to change its name to Firy Inc. on June 18, with trading under the new ticker FIRY on the NYSE starting June 22, aiming to enhance brand perception and attract investor interest.
- Financial Health: CFO Gaetano Franceschi highlighted during the latest earnings call that the company ended Q1 with $185 million in cash and cash equivalents against $130 million in outstanding debt, indicating prudent capital management and a healthy balance sheet.
- Debt Management Strategy: As the $130 million debt approaches maturity later this year, Skillz is evaluating a range of strategic alternatives to optimize its capital structure, ensuring a pathway to sustainable profitability and long-term shareholder value creation.
- Future Outlook: Franceschi emphasized the company's commitment to driving business forward and plans to provide further updates on progress in 2026, reflecting confidence in future growth prospects and strategic direction.
See More
Skillz Q1 2026 Earnings Report Analysis
- Revenue Growth and Challenges: Skillz reported GAAP revenue of $29 million for Q1 2026, reflecting a 33% year-over-year increase but a 3% quarter-over-quarter decline, indicating potential growth slowdown that may affect investor confidence.
- Legal Victory and Financial Impact: The company secured $420 million in damages from Papaya Gaming, yet faces $130 million in debt due, which could improve cash flow in the short term but raises concerns about long-term financial stability.
- User Engagement Fluctuations: Paying Monthly Active Users (PMAU) decreased by 9% quarter-over-quarter to 128,000, despite a 7% increase in Average Revenue Per Paying User (ARPPU), suggesting challenges in user acquisition that necessitate a reassessment of market strategies.
- Strategic Shift and Future Outlook: Skillz is transitioning towards owning and operating games, acquiring Blackout Bingo and Dominoes Gold to enhance platform stability and revenue diversity, although risks of developer attrition remain, requiring effective counter-strategies.
See More
Skillz (SKLZ) Q4 2025 Earnings Transcript
See More
Skillz (SKLZ) Q1 2026 Earnings Transcript
See More
Skillz Scheduled to Announce Q1 Earnings on May 15
- Earnings Announcement Schedule: Skillz (SKLZ) is set to release its Q1 2023 earnings report on May 15 after market close, with consensus EPS estimates at -$0.58 and revenue estimates at $30.5 million, indicating ongoing challenges in profitability.
- Historical Performance Review: Over the past year, Skillz has only beaten EPS estimates 25% of the time and revenue estimates 25% of the time, suggesting difficulties in meeting market expectations, which could impact investor confidence.
- Market Reaction Analysis: Following a jury verdict in favor of Skillz in the Papaya Gaming case, the stock experienced a rally but was subsequently hit by profit-taking, indicating potential volatility that may affect investor sentiment ahead of the earnings report.
- Analyst Rating Dynamics: Skillz's market performance is under scrutiny according to Seeking Alpha's Quant Rating, and investors should closely monitor the upcoming earnings report to assess the company's future profitability and competitive position.
See More
Skillz Shares Drop 40% After 238% Surge Following $420M Jury Verdict
- Stock Volatility: Following a jury's ruling that found Papaya Gaming liable for false advertising and awarded Skillz $420 million, Skillz's shares surged 238% to a five-year high on Thursday, but faced profit-taking pressure on Friday, dropping nearly 40% within the first hour of trading.
- Legal Victory Impact: The jury's decision not only grants Skillz $420 million in damages but also opens the door for an additional $719 million in profit disgorgement and $652 million in cost-saving disgorgement, highlighting the significant financial implications of this legal victory for the company.
- Loss Claims Context: Skillz claims that Papaya's actions resulted in losses of up to $4.5 billion, primarily due to amounts stolen from tournaments, underscoring the detrimental impact of unfair competition on the company's financial health.
- Market Reaction Analysis: Despite the substantial compensation awarded, Skillz's stock remains vulnerable to profit-taking, reflecting investor sensitivity to short-term fluctuations and uncertainty regarding the company's future profitability.
See More
