Skillsoft beats FY revenue outlook; Q4 content bookings up 4% constant currency, guides FY2024 revenue $555-585M

Skillsoft Corp.

Full year GAAP revenue $555M; GAAP net loss $725M; adjusted EBITDA $107M (margin 19%).
Q4 GAAP revenue $140M, net loss $53M, adjusted EBITDA $22M (margin 16%).
Skillsoft Content segment bookings grew 5% YoY constant currency full year; Global Knowledge bookings down 16%.
LTM Dollar Retention Rate ~100% in Q4 (vs ~97% prior year).
FY2024 guidance: Bookings $610-640M, revenue $555-585M, adjusted EBITDA $100-105M; cash $170M, net leverage 4.5x.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Skillsoft Corp. reported financial results for fiscal quarter and year ended January 31, 2023.

Period: fiscal quarter and year ended January 31, 2023
Result: reported results

Exact text from the filing

On April 11, 2023 Skillsoft Corp. (the “Company”) issued a press release reporting its financial results for the fiscal quarter and year ended January 31, 2023.

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Skillsoft Corp. filing history →

Source: SEC EDGAR

accession 0001437749-23-010001

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