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Oct 31, 2023
Skillsoft Q3 2024 Earnings Report
Skillsoft reported growth in its core SaaS-based Content & Platform segment while showing meaningful improvement in Adjusted EBITDA and Free Cash Flow.
Key Takeaways
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 delivered growth in the core SaaS-based Content & Platform segment.
The company demonstrated meaningful improvement in Adjusted EBITDA and Free Cash Flow.
Skillsoft is extending its leadership position in helping enterprises succeed in a skills-centric economy.
The company is focusing on innovative new solutions like Skillsoft CAISY™ and generative AI Aspire Learning Journeys.
Forward Guidance
Skillsoft expects to deliver Bookings and Revenue approximately at the bottom of their full-year outlook, while Adjusted EBITDA is expected to be at the top of the outlook.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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