Skillsoft amends Q3 FY2023 earnings: corrects nine-month loss per share from continuing ops to $4.67

Skillsoft Corp.

2023-Q3 EPS reported -$4.27 revenue$414,803,000

Correction: nine-month loss per share from continuing ops revised to $4.67 from $4.78; discontinued ops income per share revised to $0.40 from $0.41.
Q3 GAAP net loss $528M includes $571M goodwill impairment; Adjusted EBITDA $28M.
Total Bookings $133M, down 9% constant currency; GAAP revenue down 1%; content LTM bookings down 4% constant currency.
End-of-quarter cash $175M after retiring $31M of Term Loan B; FY2023 guidance reaffirmed with GAAP revenue $520-550M, Adjusted EBITDA $105-125M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Skillsoft Corp. reported fiscal 2023 third quarter ended October 31, 2022 results: net income -528 million. Guidance reaffirmed.

Period: fiscal 2023 third quarter ended October 31, 2022
Net income: -528 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

GAAP net loss of $528 million included a $571 million goodwill impairment charge and Adjusted EBITDA was $28M.

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Source: SEC EDGAR

accession 0001558370-22-018459

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