secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001437749-24-037109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillsoft Q3: Revenue $137M, adj. EBITDA $32M (23% margin); raises FY25 revenue guidance
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- Total revenue of $137M vs $139M prior year; Talent Development Solutions revenue up 2% to $103M, Global Knowledge revenue $34M vs $38M.
- Net loss improved to $24M ($2.86 per share) from $28M ($3.45 per share) prior year; Adjusted net loss per share improved to $1.82 from $2.82.
- Adjusted EBITDA from continuing operations of $32M (23% margin), up from $30M (21% margin) in prior year.
- FY2025 revenue guidance raised and tightened to $520M-$530M; adjusted EBITDA reaffirmed at $105M-$110M.
- Gross debt reduced to $591M from $626M; cash and equivalents $102M; generated positive free cash flow in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000143774924037109/0001437749-24-037109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000143774924037109/skil20240910_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-037109

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