Skillsoft Q2 revenue $132M (-6% YoY); net loss $40M; Adj EBITDA $28M (21% margin)

Skillsoft Corp.

Revenue $132M down 6% YoY; TDS $102M (-1%), Global Knowledge $31M (-20%).
Net loss $40M ($4.84/sh) vs $32M ($4.00) prior year; adjusted net loss $20M ($2.40) vs $30M ($3.68).
Adj EBITDA $28M (21% margin) vs $25M (18% margin) prior year.
Reaffirmed FY2025 outlook: revenue $510-525M, Adj EBITDA $105-110M.
Appointed executives for two business units with full accountability for contribution margin.

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