Skillsoft Corp reports results for the quarter ended October 31 - Earnings Summary

• Skillsoft Corp SKIL.N reported a quarterly adjusted loss of $2.86​​ per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of $-2.82. The mean expectation of three analysts for the quarter was for a loss of $2.99 per share. Wall Street expected results to range from $-3.45 to $-2.54 per share.

• Revenue fell 1.2% to $137.23 million from a year ago; analysts expected $130.00 million.

• Skillsoft Corp's reported EPS for the quarter was a loss of $2.86​.

• The company reported a quarterly loss of $23.6 million.

• Skillsoft Corp shares had fallen by 6.4% this quarter and lost 17.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the professional & business education peer group is also "buy"

Wall Street's median 12-month price target for Skillsoft Corp is $50.00

This summary was machine generated from LSEG data December 10 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)