secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001437749-23-016748
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillsoft Q1 FY2024: Content & Platform bookings +9% CC, GAAP revenue $136M, net loss $44M
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- GAAP revenue $136M (+1% YoY); Content & Platform segment revenue $99M (+10%), Instructor-Led $37M (-18%).
- GAAP net loss $44M vs $22M loss prior year; Adjusted EBITDA $22M, up 13% pro forma constant currency, margin 16%.
- LTM Content & Platform Dollar Retention Rate improved to 101% from 98%; quarterly rate was 108%.
- Repurchased 4.4 million shares under $30M buyback program; ended quarter with $178M cash.
- Full-year FY2024 outlook reaffirmed: bookings $610-640M, revenue $555-585M, Adjusted EBITDA $100-105M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000143774923016748/0001437749-23-016748-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000143774923016748/skil20230427_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-016748

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