Skillsoft (SKIL) Gains Following Strong Q2 Results and Raised Full-Year Guidance

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Skillsoft (SKIL) Reports Loss of $0.28

September 14, 2021 4:41 PM EDT

Skillsoft (NYSE: SKIL) reported Q2 EPS of ($0.28) and revenue of $57.9 million for the succeeding company from June 12-July 31.

Strong bookings growth across all three business segments, with Content up 9%, Global Knowledge up 30% and SumTotal up 15%; bookings in Content and Global Knowledge... More

Skillsoft (SKIL) Raises Full Year Guidance

September 14, 2021 4:37 PM EDT

Skillsoft Corp. (NYSE: SKIL) (Skillsoft or the Company), a global leader in corporate digital learning, today announced its financial results for the second quarter of fiscal 2022 ended July 31, 2021. The Companys results exceeded its expectations, and Skillsoft raised its bookings and adjusted revenue guidance for the full year.

We are pleased with Skillsofts strong performance during our initial quarter as a public company, said Jeffrey R. Tarr, Skillsofts Chief Executive Officer. We delivered double-digit bookings growth, won multiple new blue-chip customers, and acquired fast-growing digital coaching platform Pluma, enabling us to offer an on-demand, executive-quality... More