secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K
Filed at:   2026-06-09T20:05:58+00:00
Accession:  0001437749-26-019984
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillsoft Q1 FY2027 revenue down 5% to $94.5M; net loss improves; GK segment held for sale
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000143774926019984/0001437749-26-019984-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000143774926019984/skil20260406_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-019984

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