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Stock impact report

Skillsoft Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2024

Skillsoft Corp. Class A (SKIL) 
Company Research Source: Business Wire
Delivers Full-Year Adjusted EBITDA Above the Top End of Outlook RangeAccelerates Revenue Growth in Subscription-Based Content & Platform Segment to 4% for the Fourth QuarterIncreases LTM Dollar Retention Rates to 101% for the Fourth Quarter DENVER--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the fourth quarter and full fiscal year ended January 31, 2024 and provided its financial outlook for full year fiscal 2025.“Skillsoft delivered full-year Adjusted EBITDA above the top end of our outlook range, further enhancing our industry-leading profit profile as we drove accelerated revenue growth in our subscription-based Content & Platform segment,” said Richard G. Walker, Skillsoft’s Chief Financial Officer. “We seized the generative AI opportunity and successfully positioned Skillsoft as the partner of choice for enterprise customers seeking to prepare Show less Read more
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