Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Skillsoft Corp. reported Fiscal year ended January 31, 2024 results: revenue $553 million, net income GAAP net loss of $349 million, EPS GAAP net loss per share of $43.38.
- Period
- Fiscal year ended January 31, 2024
- Revenue
- $553 million
- Net income
- GAAP net loss of $349 million
- EPS
- GAAP net loss per share of $43.38
- Result
- reported results
Exact text from the filing
● Content & Platform segment bookings of $418 million grew 2%. Total bookings of $596 million declined 2%, with growth in the Content & Platform segment offset by a 10% decline in Instructor-Led Training segment bookings to $178 million. ● Content & Platform segment GAAP Revenue of $405 million grew 5%. Total GAAP Revenue of $553 million was approximately flat to prior year, with growth in the Content & Platform segment offset by a 13% decline in Instructor-Led Training segment GAAP Revenue to $148 million. Content & Platform segment pro forma Revenue of $405 million grew 3%. Total pro forma Revenue of $553 million declined 2%, with growth in the Content & Platform segment offset by a 13% decline in Instructor-Led Training segment pro forma Revenue to $148 million. ● GAAP net loss of $349 million favorably compared to a GAAP net loss of $725 million in the prior year. GAAP net loss per share of $43.38 favorably compared to a GAAP net loss per share of $91.26 in the prior year.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Skillsoft Corp. reported Fourth quarter of fiscal 2024 ended January 31, 2024 results: revenue $138 million, net income GAAP net loss of $245 million, EPS GAAP net loss per share of $30.38.
- Period
- Fourth quarter of fiscal 2024 ended January 31, 2024
- Revenue
- $138 million
- Net income
- GAAP net loss of $245 million
- EPS
- GAAP net loss per share of $30.38
- Result
- reported results
Exact text from the filing
● Content & Platform segment GAAP Revenue of $102 million grew 4%. Total GAAP Revenue of $138 million declined 2%, with growth in the Content & Platform segment offset by a 16% decline in Instructor-Led Training segment GAAP Revenue to $36 million. ● GAAP net loss of $245 million included a $202 million non-cash charge for goodwill and intangible impairment, and compared to a GAAP net loss of $53 million in the prior year. GAAP net loss per share of $30.38 compared to a GAAP net loss per share of $6.51 in the prior year.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Skillsoft Corp. reported Fiscal year ending January 31, 2025 results: revenue $530 million – $550 million. Guidance initiated.
- Period
- Fiscal year ending January 31, 2025
- Revenue
- $530 million – $550 million
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
The following table reflects Skillsoft’s financial outlook for the fiscal year ending January 31, 2025, based on current market conditions, expectations, and assumptions: GAAP Revenue $530 million – $550 million Adjusted EBITDA $105 million – $110 million
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