Skillsoft reports Q3 FY2024: Revenue flat at $139M, Content & Platform up 3%, Adjusted EBITDA rises to $30M

Skillsoft Corp.

GAAP net loss improved to $28M ($3.45/share) from $528M loss ($64.29/share) a year ago.
Content & Platform segment revenue $101M (+3% YoY); Instructor-Led Training revenue $38M (-9% YoY).
LTM Dollar Retention Rate reached 101%, up from 98% in the prior-year period.
Adjusted EBITDA $30M (21% margin) vs 20% prior year; cash and equivalents $130M.
Guidance: expects full-year Bookings and Revenue at bottom of outlook, Adjusted EBITDA at top.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Skillsoft Corp. reported financial results for the third quarter of fiscal 2024 ended October 31, 2023.

Period: the third quarter of fiscal 2024 ended October 31, 2023
Result: reported results

Exact text from the filing

issued a press release reporting its financial results for the fiscal quarter ended October 31, 2023

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Source: SEC EDGAR

accession 0001437749-23-033638

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