Skillsoft Corp Stock Price, News & Analysis

Skillsoft (NYSE: SKIL) has appointed Raianne Reiss as Chief Marketing Officer, reporting to CEO Ron Hovsepian. Reiss brings over 20 years of technology sector marketing experience, most recently serving as EVP and CMO at Yext. Her previous roles include VP of Marketing at Elastic, Head of Americas Marketing at Amazon Web Services, and various leadership positions at Juniper Networks, Tellabs, and 3Com.

In her new role, Reiss will oversee Skillsoft's global marketing efforts, focusing on driving demand and enhancing brand awareness. Her appointment aligns with Skillsoft's transformation journey to become the leading talent development partner for organizations and learners, particularly in the context of AI and emerging technologies reshaping business operations.

Skillsoft (NYSE: SKIL) reported its Q4 and FY2025 financial results, delivering revenue above guidance and adjusted EBITDA at the top end of outlook range. Full-year revenue reached $531 million, with Talent Development Solutions contributing $406 million and Global Knowledge $125 million.

The company reported Q4 revenue of $134 million, with a GAAP net loss of $31 million ($3.75 per share). Q4 adjusted EBITDA was $30 million, representing a 22% margin. Free cash flow improved to $13 million in Q4.

For the full year, Skillsoft reduced its GAAP net loss to $122 million from $349 million in the previous year. The company achieved adjusted EBITDA of $109 million (21% margin) and positive free cash flow of $12 million. Gross debt decreased to $581 million, with $103 million in cash and equivalents at quarter-end.

For FY2026, Skillsoft projects revenue between $530-545 million and adjusted EBITDA of $112-118 million.

Skillsoft (NYSE: SKIL), a platform for transformative learning experiences, has announced the grant of 25,000 restricted stock units (RSUs) of Class A common stock to Fabien Rech, who joined as Senior Vice President, Sales – EMEA on February 10, 2025.

The RSUs were granted on April 3, 2025, by the Compensation Committee of Skillsoft's Board of Directors under the company's 2024 Employment Inducement Incentive Award Plan. The grant serves as a material inducement for Rech's hiring and will vest ratably over four years, contingent on his continued employment with Skillsoft through each vesting date.

The awards were granted under NYSE's Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards.

Skillsoft (NYSE: SKIL), a platform for transformative learning experiences, has scheduled the release of its fourth quarter and full year fiscal 2025 financial results for Monday, April 14, 2025, after market close.

The company will host a conference call and webcast to discuss the results at 5:00 p.m. Eastern Time on the same day. Investors can access the conference call by dialing (877) 413-9278 from the United States and Canada, or (215) 268-9914 from international locations. A live webcast will be available on Skillsoft's Investor Relations page, with a replay accessible for six months.

Skillsoft (NYSE: SKIL), a platform for transformative learning experiences, has been awarded 'Most Dedicated to Employee Growth' in the Digiday WorkLife Awards. The recognition emphasizes the company's focus on building AI literacy among its workforce through personalized, blended learning programs.

The company's comprehensive talent development strategy includes on-demand courses, instructor-led training, role-based career pathways, and interactive simulations via its AI-powered coach, Skillsoft CAISY™. This recognition follows Skillsoft's recent inclusion in Built In's 2025 Best Places to Work list in two categories: '100 Best Large Companies to Work For' and '100 Best Remote Companies to Work For'.

Skillsoft announced a new integration with SAP SuccessFactors' talent intelligence hub, aimed at enhancing skills-based workforce planning and development. The integration enables businesses to gain deeper insights into their workforce's skills and deliver personalized learning paths aligned with employee and business needs.

According to recent surveys, 82% of employees reported their organizations are transitioning to a skills-based model. However, significant challenges persist, with 41% of HR leaders stating their workforce lacks required skills, 50% saying their organizations don't effectively leverage skills, and 62% viewing uncertainty around future skills as a significant risk.

The integration, available for early adopters and fully launching in early 2025, offers benefits including centralized skills management, enhanced workforce agility, increased employee engagement, improved talent mobility, and optimized tracking with actionable insights.

Skillsoft (NYSE: SKIL) released research highlighting significant gaps between organizational goals and workforce readiness for 2025. The study, surveying over 2,100 employees across the US, UK, and Germany, reveals that only 48% of workers know their company's strategic goals, with just 40% clear about their role in achieving them. Despite skills gaps being a major business transformation barrier, only 19% of organizations prioritize closing them.

Key findings show that merely 23% of employees feel extremely prepared for future work challenges. Top organizational priorities include improving operational efficiency (48%), increasing revenue (46%), and enhancing customer experience (39%). The research also indicates low satisfaction levels, with only 25% of respondents extremely satisfied with their current roles and 21% with their organization's culture.

Skillsoft (NYSE: SKIL) reported Q3 FY2025 financial results, showing mixed performance. Total revenue reached $137 million, slightly down from $139 million year-over-year. Talent Development Solutions revenue grew 2% to $103 million, while Global Knowledge revenue declined to $34 million.

The company reduced its net loss to $24 million from $28 million in the prior year, with adjusted EBITDA improving to $32 million (23% margin) from $30 million (21% margin). Gross debt decreased by $35 million to $591 million.

Following these results, Skillsoft raised and tightened its FY2025 revenue guidance to $520-530 million, while maintaining its adjusted EBITDA outlook at $105-110 million.

Skillsoft (NYSE: SKIL) has announced it will release its third quarter fiscal 2025 financial results after market close on Tuesday, December 10, 2024. The company will host a conference call and webcast to discuss the results at 5:00 p.m. Eastern Time on the same day. Investors can access the conference call via phone from the US and Canada at (877) 413-9278 or internationally at (215) 268-9914. A live webcast will be available on Skillsoft's Investor Relations page, with a replay accessible for six months.