earnings
confidence high
sentiment neutral
materiality 0.70
Skillsoft Q1 FY2027 revenue down 5% to $94.5M; net loss improves; GK segment held for sale
Skillsoft Corp.
- Revenue $94.5M, down 5% YoY; Net loss improved to $18.7M ($2.12 loss per share) from $29.6M ($3.56 loss per share).
- Adjusted EBITDA $27M (28% margin), unchanged from prior year; Free cash flow $25M vs $26M.
- Global Knowledge (GK) segment classified as held for sale; agreement to sell to affiliate of Enduring Ventures.
- New Percipio platform customers grew 67% QoQ; DRR 105% vs 91% year ago.
- FY2027 outlook reaffirmed: revenue $388M-$406M, Adjusted EBITDA $108M-$116M, TDS free cash flow $14M-$22M.