Skillsoft Q2 2024 Earnings Report

Improved top-line performance with growth in Bookings and Revenue.

Key Takeaways

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 executed well in the second quarter, delivering improved top-line performance with growth in both Bookings and Revenue.

Content & Platform segment Bookings increased 7%, Revenue growth accelerated to 4%, and LTM Dollar Retention Rate came in at 101%.

The reskilling revolution is impacting nearly every company and industry around the globe.

Skillsoft believes these structural shifts are unlocking new long-term growth opportunity for Skillsoft.