Skillsoft Q2 2024 Earnings Report
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.
Skillsoft
Skillsoft
Forward Guidance
Skillsoft reaffirmed its financial outlook for the full-year fiscal 2024 ended January 31, 2024.