Skillsoft Corp reports results for the quarter ended April 30 - Earnings Summary

• Skillsoft Corp SKIL.N reported a quarterly adjusted loss of $4.57​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $-3.37. The lone analyst forecast for the quarter was for a loss of $2.65 per share.

• Revenue fell 2.8% to $124.20 million from a year ago; analysts expected $123.50 million.

• The company reported a quarterly loss of $38.05 million.

• Skillsoft Corp shares had fallen by 7.0% this quarter and lost 25.3% so far this year.

FORECAST CHANGES

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the professional & business education peer group is "buy."

This summary was machine generated from LSEG data June 9 at 09:01 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)