secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K
Filed at:   2024-09-09T23:59:59+00:00
Accession:  0001437749-24-028755
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000143774924028755/0001437749-24-028755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000143774924028755/skil20240611_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-028755

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