other material
confidence high
sentiment negative
materiality 0.70
Skillsoft lowers FY2025 revenue outlook to $510-525M, reaffirms EBITDA, authorizes $10M buyback
Skillsoft Corp.
- Revenue guidance cut to $510-525M (prior $530-550M); Adjusted EBITDA reaffirmed at $105-110M.
- Mid-term targets: 5-7% revenue growth, 23-25% adj. EBITDA margin; long-term: 10%+ growth, 28-30% margin.
- Board authorized $10M share repurchase program, effective July 11, 2024, for up to four years.
- Held virtual investor day on July 11, outlining strategy focused on AI, blended learning, and talent development lifecycle.