Skillsoft Corp Fiscal Q3 Adjusted Net Loss Narrows, Revenue Falls

MT Newswires Live2024-12-11

Skillsoft Corp (SKIL) reported a fiscal Q3 adjusted net loss of $1.82 a share, compared with the loss of $2.82 a year earlier.

Three analysts surveyed by FactSet expected a normalized loss of $3.

Revenue in the three months ended Oct. 31 fell to $137.2 million from $138.9 million a year earlier.

One analyst polled by FactSet expected $137.2 million.

For the full year, the company raised its revenue forecast to between $520 million to $530 million compared with the previous outlook of $510 million to $525 million. Three analysts surveyed by FactSet expect $517.1 million.

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