Business Wire · 15 Sept 2026positive
Firy Inc. announced the appointment of Marc Lasry, Chairman and CEO of Avenue Capital, to its Board of Directors as an independent director, effective Oct. 1, 2026. Lasry previously backed the company when it was Skillz Inc. in 2015, and CEO Andrew Paradise highlighted his ability to identify and cultivate value.
Why it matters — The addition of an experienced and early-stage investor like Marc Lasry to the board signals strengthened independent oversight and brings established investing expertise to FIRY's leadership.
Business Wire · 31 Aug 2026positive
An Israeli court rejected Papaya Gaming's motion to convene creditors' meetings to vote on its debt settlement proposal, which would repay $730 million to Skillz, a wholly owned subsidiary of Firy Inc. (NYSE: FIRY). The judge ruled that Papaya should improve its proposal before it is sent to a creditor vote.
Why it matters — As Skillz is Papaya's largest creditor, the court's decision to require a stronger settlement proposal could affect the recovery of the $730 million owed to FIRY.
Seeking Alpha · 18 Aug 2026negative
Firy Inc. has transitioned into a holding company structure, highlighted by a major litigation win and a rebranding from Skillz, though there is uncertainty around collecting the $719 million legal judgment. Persistent cash burn from Skillz could outweigh RZR's growth, leaving shares at risk of further decline.
Why it matters — A Firy watcher would care because the company's restructure, legal win, and ongoing cash burn concerns could influence its path to stable profitability.
Seeking Alpha · 14 Aug 2026neutral
Firy Inc. (FIRY) released the transcript of its Q2 2026 earnings call, covering the quarter's results and management commentary for investors and analysts.
Why it matters — FIRY watchers can review management's discussion of the latest quarterly performance directly from the official earnings transcript.
Business Wire · 13 Aug 2026negative
Firy Inc., formerly Skillz Inc., reported unaudited second-quarter 2026 results, with revenue of $31.0 million, gross profit of $27.1 million, and a net loss of $24.5 million. The company reported 117 thousand paying monthly active users and average revenue per PMAU of $59.1, along with an adjusted EBITDA loss of $2.7 million excluding litigation expense.
Why it matters — FIRY watchers would care because the report reveals the company's continued net and adjusted EBITDA losses, alongside its key user and revenue metrics, as it operates under its new name after the Skillz rebrand.