Welcome to our dedicated page for Skillsoft news (Ticker: SKIL), a resource for investors and traders seeking the latest updates and insights on Skillsoft stock.
Skillsoft Corp. (NYSE: SKIL) is a software and information company focused on AI-native skills management and corporate digital learning. News about Skillsoft often centers on how the company’s platform and strategy help organizations address widening skills gaps, support workforce transformation, and align learning with business performance in a human + AI era.
Investors and learners following SKIL news can expect updates on the Skillsoft Percipio Platform, which the company describes as an AI-native skills intelligence platform that unifies learning, real-time skills intelligence, and workforce insights. Announcements may highlight new AI capabilities, such as AI-powered content creation tools, skills intelligence features, and interactive learning experiences that connect skill development to measurable business outcomes.
Skillsoft news also covers segment performance and strategic decisions related to its Talent Development Solutions (TDS) and Global Knowledge (GK) segments. Earnings releases and Form 8-K filings provide information on revenue trends, adjusted EBITDA, and the company’s transformation strategy, including reviews of strategic alternatives for the GK instructor-led training business and cost structure initiatives.
Another key theme in SKIL news is partnerships and ecosystem expansion. Recent announcements include a strategic partnership with edX to bring university-led courses directly into the Skillsoft platform, recognition of Skillsoft Global Knowledge as an AWS EMEA Training Partner of the Year, and the availability of Skillsoft’s AI-powered platform in AWS Marketplace. News may also feature research findings from Skillsoft’s Global Skills Intelligence Survey, which examines skills gaps, talent development practices, and the impact of AI on workforce readiness.
For those tracking SKIL, this news stream provides insight into how Skillsoft evolves its AI-native platform, engages with partners, and responds to enterprise demand for leadership, technology, and compliance skills worldwide.
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DigitalOcean Holdings, a leading cloud provider for SMBs, has appointed Nancy S. Coleman as the new Senior Vice President of Corporate Communications. Reporting directly to CEO Yancey Spruill, Coleman will manage both internal and external communications, enhancing the company's brand narrative. Her extensive background includes a prior role at Skillsoft and key positions at Maxar Technologies and DigitalGlobe. CEO Spruill expressed optimism over Coleman's capabilities, highlighting her potential to accelerate DigitalOcean's growth towards its first $1 billion in revenue. DigitalOcean focuses on simplifying cloud computing for small and medium-sized businesses, aiming to foster innovation and growth.
Skillsoft Corp. (NYSE: SKIL) reported a GAAP revenue of $555 million for fiscal year 2023, beating full-year revenue outlook. The company achieved a 5% growth in Skillsoft Content segment bookings year-over-year in constant currency. In the fourth quarter, GAAP revenue reached $140 million, a 3% increase year-over-year, despite a net loss of $53 million. Adjusted EBITDA stood at $22 million, with a 16% margin. The Global Knowledge segment faced challenges, with bookings down 13% year-over-year but showing a 2% sequential growth. The company has established a strong position in technical skills training through the acquisition of Codecademy and remains optimistic for fiscal 2024, projecting bookings of $610 million to $640 million.