secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0001558370-22-018407
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillsoft reports Q3 net loss $528M (incl $571M goodwill impairment); reaffirms FY23 guidance
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- GAAP net loss of $528M includes $571M goodwill impairment charge; Adjusted EBITDA of $28M.
- Total Bookings of $133M down 9% constant currency; GAAP revenue down 1% YoY.
- LTM Content Dollar Revenue Retention of 98% and 96% in Q3.
- Ended Q3 with $175M cash after retiring $31M of Term Loan B.
- Reaffirmed FY23 outlook: Bookings $580-$615M, GAAP revenue $520-$550M, Adj EBITDA $105-$125M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000155837022018407/0001558370-22-018407-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000155837022018407/skil-20221206x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018407

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