Skillsoft Corp ( (SKIL) ) has released its Q3 earnings. Here is a breakdown of the information Skillsoft Corp presented to its investors.
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Skillsoft Corp, a leader in transformative learning experiences, partners with organizations globally to enhance workforce skills and capabilities through its AI-enabled learning platform and high-quality content offerings.
In its third-quarter fiscal 2025 earnings report, Skillsoft Corp presented a promising financial outlook despite a slight decrease in total revenue compared to the previous year. The company reported positive developments in adjusted EBITDA, increased talent development solutions revenue, and a narrowed net loss, showcasing signs of strategic improvement.
Key financial highlights include a total revenue of $137 million and a notable increase in adjusted EBITDA to $32 million with a 23% revenue margin. The company also reduced its net loss to $24 million from $28 million the previous year and achieved positive free cash flow. Additionally, its talent development solutions revenue saw a 2% increase, reflecting growing demand for its learning products.
Skillsoft continues to push forward with strategic transformation initiatives, emphasizing AI advancements by launching new tools like AI Coaching Assistant and AI Coding Assistant, which enhance personalized learning and organizational efficiency. The company also received multiple “Partner of the Year” awards, affirming its status as a leader in the learning experience market.
Looking ahead, Skillsoft remains optimistic, raising its fiscal year 2025 revenue guidance while ensuring a continued focus on strategic transformation and innovation to drive business growth and shareholder value.
