Skillsoft Reports Financial Results for the Second Quarter of Fiscal 2025
Skillsoft Corp. Class A (SKIL)
Company Research
Source: Business Wire
Delivered strong improvements in Adjusted EBITDA and margin expansionReaffirmed financial outlook for the full fiscal yearAppointed Executives for our two business units with each fully accountable for contribution marginHosted successful virtual Investor Day, showcasing strategic vision and growth initiatives BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the second quarter of fiscal 2025 ended July 31, 2024.Fiscal 2025 Second Quarter Select Metrics and Financials from Continuing Operations (1)(2)Talent Development Solutions (formerly known as Content & Platform) Revenue of $102 million down 1% from prior year. Total Revenue of $132 million declined 6%, primarily due to a 20% decline in Global Knowledge (formerly known as Instructor Led Training) Revenue to $31 million.Net Loss of $40 million compared to net loss of $32 million in the prior y
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SKIL
News
- Skillsoft to Report Third Quarter Fiscal 2025 Financial Results on December 10Business Wire
- Skillsoft's New IT Skills & Salary Report Highlights Trends Impacting Technology Careers, Investments, and Talent Strategies for 2025Business Wire
- 2024 Corporate Training Research Report: Market Projected to Surpass $713 Billion by 2033 [Yahoo! Finance]Yahoo! Finance
- Crane NXT (CXT) Tops Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Skillsoft Global Knowledge Wins Multiple Global Partner Awards For Excellence in Helping Organizations Build Technology SkillsBusiness Wire
SKIL
Earnings
- 9/9/24 - Beat
SKIL
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 10/29/24 - Form SC
- SKIL's page on the SEC website