Skillsoft (NYSE: SKIL) reported Q2 EPS of ($0.74), $0.58 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $140.6 million versus the consensus estimate of $183.86 million.

Outlook Commentary:

We are revising our outlook ranges to reflect the sale of SumTotal, foreign exchange impact, lower fundamentals primarily due to the performance of our transactional Global Knowledge business, and some macro-economic uncertainty.

Full Year Fiscal 2023 Outlook2 ($ in millions)

	Previous Outlook	SumTotal Impact	Foreign Exchange Impact	Lower Fundamentals	Updated Outlook
Bookings	$790 to $825	($127)	($15)	($70)	$580 to $615
Adjusted Revenue	$765 to $790	($123)	($15)	($70)	$545 to $580
Adjusted EBITDA	~ $167	($37)	($4)	($20)	$105 to $125

For earnings history and earnings-related data on Skillsoft (SKIL) click here.