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.
Skillsoft (NYSE: SKIL) has released its 2023 Women in Tech Report, revealing significant gender disparities in technology roles. The report highlights that 45% of female technologists feel outnumbered by men in their workplaces, doubling from 25% in 2021. At executive levels, only 4% of women hold such positions compared to 15% for men. Job satisfaction among women has declined to 28%, down from 44% in 2021, with many considering leaving due to inadequate growth opportunities and pay. Despite these challenges, 92% value professional development, with many pursuing leadership certifications. The report underscores the urgency for equity and career advancement support in tech.
Skillsoft (NYSE: SKIL) is set to release its fiscal 2023 fourth quarter and full-year financial results on April 11, 2023, after market close. A conference call and webcast will take place at 5:00 p.m. Eastern Time to discuss the results. Investors can access the call by dialing (877) 413-9278 within the U.S. and Canada or (215) 268-9914 internationally. The live webcast will be available on the Investor Relations page of Skillsoft’s website, with a replay accessible for six months. Skillsoft aims to deliver transformative learning experiences, helping organizations grow their workforce capabilities.
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Skillsoft (NYSE: SKIL) has released its annual Lean Into Learning Report, showcasing a 37% year-over-year (YoY) increase in upskilling among its learners. Nearly 16 million badges were issued, reflecting a 25% YoY rise. The report highlights growing demand for leadership and technical skills, noting a 32% increase in leadership skill development and a 39% surge in technical skill acquisition. Compliance training also saw a 27% YoY increase. As organizations navigate a hybrid workforce, Skillsoft emphasizes the necessity of continuous learning.
Skillsoft (NYSE: SKIL) has enhanced its product suite with new offerings aimed at supporting technical learners at every stage of their career. The updates include upgraded features for Codecademy Pro and the introduction of Codecademy Plus, focused on upskilling and continuous career development. With projected job growth rates of 36% in data science and 25% in software development from 2021 to 2031, these enhancements aim to bridge the skills gap faced by many organizations. Codecademy’s offerings now feature assessments, professional certifications, and career services to help learners achieve job readiness.
Skillsoft (NYSE: SKIL) released its 2022 Corporate Social Responsibility (CSR) at Work Report, highlighting the increased investment in CSR, with 72% of organizations investing more than pre-pandemic levels. However, only 54% have a formal CSR plan. Key priorities include Diversity, Equity, and Inclusion (DEI) and fair trade, yet disaster relief ranks lowest. The report reveals a significant link between CSR investment and business growth, with 57% of participants reporting over 25% growth. The study engaged over 1,000 professionals, emphasizing the need for structured CSR approaches.
Skillsoft Corp. (NYSE: SKIL) reported its Q3 fiscal 2023 results, with total bookings of $133 million, down 9% year over year on a constant currency basis. The Global Knowledge segment saw bookings decrease by 16%, although the Content segment grew 5%. GAAP revenue dropped 1%, and a net loss of $528 million included a $571 million goodwill impairment charge. Despite these challenges, the company reaffirmed its full-year guidance, projecting bookings between $580 million and $615 million, and GAAP revenue between $520 million and $550 million.
Skillsoft Corp. (NYSE: SKIL) announced that CEO Jeffrey R. Tarr will present at the Barclays Global Technology, Media, and Telecommunications Conference on December 8, 2022, at approximately 4:55 p.m. ET. A live webcast of the presentation can be accessed via the Investor Relations section of the Skillsoft website, with a replay available for 90 days post-event. Skillsoft provides transformative learning experiences, aiding organizations in bridging skill gaps and enhancing workforce capabilities.
Skillsoft has been honored as the 2022 Training Partner of the Year in North America by AWS, recognizing its pivotal role in aiding cloud transformation through training in AWS skills and competencies. Announced at the AWS re:Invent 2022, this accolade highlights Skillsoft’s extensive offerings in cloud computing, data analytics, and cybersecurity. Additionally, a report indicates significant skills gaps in IT, with 66% of decision-makers reporting challenges in acquiring qualified talent in essential areas.
Skillsoft Corp. (NYSE: SKIL) will announce its fiscal 2023 third quarter financial results on December 6, 2022, after market close. A conference call and webcast will follow at 5:00 p.m. Eastern Time to discuss these results. Investors can access the call by dialing (877) 413-9278 in the U.S. or (215) 268-9914 internationally, with a live webcast available on the Investor Relations page. A replay will be accessible for six months.