Skillsoft delivered a strong Q4 performance, hitting the top end of guidance for adjusted EBITDA and free cash flow, despite reporting a GAAP net loss. The company emphasized solid execution of transformation initiatives and growing AI engagement.
Skillsoft's fiscal third quarter financial results demonstrated the first step in executing their transformation strategy, showing the first signs of business and financial improvement. The company raised and tightened its FY25 revenue guidance range, while reaffirming its adjusted EBITDA outlook.
Skillsoft reported its Q2 2025 financial results, with revenue and adjusted EBITDA meeting expectations. The company is focused on its 'Fix the Basics' strategy and reaffirmed its FY25 outlook.
Skillsoft announced its financial results for the first quarter of fiscal 2025, with the Executive Chair expressing confidence in the company's market opportunity and ability to deliver transformative talent development outcomes.
Skillsoft reported full-year Adjusted EBITDA above the top end of its outlook range and accelerated revenue growth in its subscription-based Content & Platform segment. The company has positioned itself as a partner for enterprise customers seeking to prepare their workforces to utilize generative AI.
Skillsoft's Q3 2024 showed growth in the core SaaS-based Content & Platform segment and improvements in Adjusted EBITDA and Free Cash Flow. The company is focusing on generative AI solutions and expects to deliver Bookings and Revenue approximately at the bottom of the full-year outlook, but Adjusted EBITDA at the top of the outlook.
Skillsoft reported improved top-line performance in Q2 2024, with growth in both Bookings and Revenue. The Content & Platform segment saw a 4% revenue increase, while the Instructor-Led Training segment experienced a 9% decline. The company reaffirmed its full-year fiscal 2024 financial outlook.
Skillsoft reported a strong start to fiscal year 2024, with near double-digit bookings growth in the Content & Platform segment on a constant currency basis. This growth contributed to expanded profitability on an Adjusted EBITDA basis.
Skillsoft reported a 3% year-over-year increase in GAAP revenue for the fourth quarter of fiscal year 2023, reaching $140 million. The company experienced a GAAP net loss of $53 million, but adjusted EBITDA from continuing operations was $22 million, representing 16% of GAAP revenue. Skillsoft Content segment Bookings grew 4% year-over-year on a constant currency basis.
Skillsoft reported its Q3 fiscal year 2023 financial results, with results in line with expectations. The company reaffirmed its full year guidance, anticipating strong bookings and revenue in Q4. Global Knowledge segment bookings grew sequentially, and the Codecademy business sustained double-digit revenue growth.
Skillsoft reported a GAAP revenue of $140.6 million, a GAAP net loss of $127.3 million, and an Adjusted EBITDA of $32.6 million for the second quarter of fiscal year 2023. The Skillsoft Content Segment saw a 5% bookings growth at constant currency, while the Board of Directors authorized a share repurchase of up to $30 million.
Skillsoft reported Q1 results above expectations with Skillsoft Content Segment bookings growth of 22%. The company delivered four consecutive quarters of adjusted revenue growth. The first phase of the technical integration of Codecademy into Percipio was completed.
Skillsoft Corp. announced its financial results for the fourth quarter and full year of fiscal 2022 ended January 31, 2022. The Company also provided fiscal 2023 guidance.
Skillsoft Corp. announced its financial results for the second quarter of fiscal 2022, exceeding expectations and raising its full year guidance for bookings and adjusted revenue. The company delivered double-digit bookings growth and acquired Pluma.
Skillsoft completed its business combination with Churchill Capital Corp II and acquired Global Knowledge. The business is performing in line with expectations, and the company is affirming its financial outlook for the fiscal year ending January 31, 2022.