Skillsoft

Skillsoft Corp. engages in the provision of enterprise learning solutions. It operates through following segments: Content, Global Knowledge, and SumTotal. The Content segment sells, markets, and delivers its content learning solutions in areas such as leadership and business, technology and developer, and compliance. The Global Knowledge segment offers training solutions covering information technology and business skills for corporations and their employees. The SumTotal segment provides solutions that allow organizations to attract, develop, and retain the talent. The company was founded on August 8, 1998 and is headquartered in Nashua, NH.

Earnings data Q2 2022

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Skillsoft Corp. engages in the provision of enterprise learning solutions. It operates through the Skillsoft Content and Global Knowledge segments. The Skillsoft Content segment is involved in the sale, marketing, and delivery of its content learning solutions, in areas such as Leadership and Business, Technology and Developer, and Compliance. It also includes technical skill areas assumed in the Codecademy acquisition. The Global Knowledge segment offers training solutions covering information technology and business skills for corporations and their employees. The company was founded on August 8, 1998 and is headquartered in Greenwood Village, CO.

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced that it will report its fiscal 2023 third quarter financial results on Tuesday, December 6, 2022, after market close.

Skillsoft Announces Date of Third Quarter 2023 Financial Results Conference Call

BOSTON--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today released its 2022 IT Skills and Salary Report exploring the most in-demand skills and certifications, average compensation, growth opportunities, and career sentiment amongst IT professionals.

Skillsoft Research Reveals More Than Half of IT Professionals Likely to Pursue a New Position Within the Next Year

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a platform for transformative learning experiences, today announced that it has appointed Richard Walker, Skillsoft's current Chief Corporate Strategy and Development Officer, as Chief Financial Officer, effective October 28, 2022. Gary Ferrera, Skillsoft's current CFO, is stepping down to pursue personal interests and will remain with the Company through December 2022 to ensure a smooth transition. Following

Skillsoft Names Richard Walker as Next Chief Financial Officer

The digital educational content provider sank further on an earnings report that missed estimates.

Why Skillsoft Stock Dropped 21.6% This Week

The educational technology company reported weaker-than-expected quarterly results.

Why Skillsoft Stock Dropped 14.9% Today

Skillsoft Corp. (NYSE:SKIL ) Q2 2023 Earnings Conference Call September 7, 2022 5:00 PM ET Company Participants Eric Boyer - Head, Investor Relations Jeff Tarr - Chief Executive Officer Gary Ferrera - Chief Financial Officer Conference Call Participants Sheldon McMeans - Barclays Ken Wong - Oppenheimer Raj Sharma - B. Riley Lucky Schreiner - D.A.

Skillsoft Corp. (SKIL) Q2 2023 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the second quarter of fiscal 2023 ended July 31, 2022. “I am pleased to report our fifth consecutive quarter of Skillsoft subscription content bookings growth,” said Jeffrey R. Tarr, Skillsoft's Chief Executive Officer. “I'm also pleased the board of directors authorized a share repurchase which reflects the s

Skillsoft Reports Financial Results for the Second Quarter of Fiscal Year 2023

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BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced that it will report its fiscal 2023 second quarter financial results on Wednesday, September 7, 2022, after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results. The conference call can be accessed by dialing (877) 413-9278 from the United States an

Skillsoft Announces Date of Second Quarter 2023 Financial Results Conference Call

SANTA MONICA, Calif.--(BUSINESS WIRE)--Cornerstone OnDemand, Inc., a leader in adaptive cloud-based HR software solutions backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has completed its acquisition of SumTotal, a provider of learning and human capital management software-as-a-service solutions (“SaaS”), previously a part of Skillsoft (NYSE: SKIL). The combination of Cornerstone and SumTotal provides organizations with more power to build

Clearlake Capital-Backed Cornerstone Completes Acquisition of SumTotal

Coursera

BOSTON--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today announced a new integration partnership with Coursera (NYSE: COUR), one of the world's largest online learning platforms. The integration will enable the companies' joint customers to access Coursera for Business' more than 5,000 courses, 300 SkillSets, and 10,000 bite-sized Clips directly within Skillsoft Percipio, creating an immersive and seamless skilling experience and reducin

Skillsoft Partners with Coursera to Bring Enhanced Skill-Building Opportunities to the Enterprise

BOSTON--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today announced the launch of Career Journeys, the company's newest offering within Skillsoft Percipio. Blending live, on-demand, hands-on, and collaborative learning modalities, Career Journeys bring topic-specific skilling programs to the enterprise that enable learners to master mission- and job-critical skills and drive meaningful business transformation year-after-year. Building on

Skillsoft Introduces Career Journeys to Drive Growth Through Skills Mastery and Blended, Multi-Modal Learning

SANTA MONICA, Calif.--(BUSINESS WIRE)--Cornerstone has entered into a definitive agreement with Skillsoft (NYSE: SKIL) to acquire SumTotal, a provider of learning and HCM software.

Clearlake Capital-Backed Cornerstone Enters Definitive Agreement to Acquire SumTotal, a Skillsoft Company

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a platform for transformative learning experiences, today announced it has entered into a definitive agreement to sell its SumTotal business, a provider of learning and human capital management software (“LMS” and “HCM”) for highly regulated industries, to Cornerstone OnDemand, Inc. ("Cornerstone") for approximately $200 million in a cash transaction. “Through the divestiture of SumTotal, we are aligning and s

Skillsoft Enters Agreement to Sell SumTotal to Cornerstone for $200 Million

Skillsoft (NYSE: SKIL) shares are trading lower after the company reported worse-than-expected first-quarter sales results and issued cautious commentary for 2023.  The company reported first-quarter revenues of $163.91 million, missing the consensus estimate of $170.41 million.

Why Skillsoft Shares Are Falling Today

Skillsoft Corp. (NYSE:SKIL ) Q1 2023 Earnings Conference Call June 8, 2022 5:00 PM ET Company Participants Eric Boyer - Senior Vice President of Investor Relations Jeff Tarr - Chief Executive Officer Gary Ferrera - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Robert Simmons - DA Davidson Raj Sharma - B. Riley Arvind Ramnani - Piper Sandler Operator Greetings.

Skillsoft Corp. (SKIL) CEO Jeff Tarr on Q1 2023 Results - Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the first quarter of fiscal 2023 ended April 30, 2022. “We reported Q1 results above expectations due to strong Skillsoft Content Segment bookings growth of 22%,” said Jeffery R. Tarr, Skillsoft's Chief Executive Officer. “I'm pleased that we've delivered four consecutive quarters of adjusted revenue growth si

Skillsoft Reports Financial Results for the First Quarter of Fiscal Year 2023

Workday

BOSTON--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL), a global leader in corporate digital learning, today announced that it has achieved Workday (NASDAQ: WDAY) Cloud Connect for Learning Integration status, providing customers with a seamless integration that connects Workday Learning with Skillsoft Percipio. Workday Learning engages employees in development through a personalized, contextual platform while arming businesses with the agility and insight needed to drive workforce readiness. “We're e

Skillsoft and Workday Complete Cloud Connect for Learning Integration

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it will report its fiscal 2023 first quarter financial results on Wednesday, June 8, 2022 after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results. The conference call can be accessed by dialing (877) 413-9278 from the United States and Canada or (215) 26

Skillsoft Announces Date of First Quarter 2023 Financial Results Conference Call

Skillsoft Corp. (SKIL) CEO Jeff Tarr on Q4 2022 Results - Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced its financial results for the fourth quarter and full year of fiscal 2022 ended January 31, 2022. The Company also provided fiscal 2023 guidance. “We had a great finish to a monumental year for the new Skillsoft, helping us deliver full year bookings growth of 7%, exceeding guidance and putting the Company on a solid growth trajectory,” said Jeffre

Skillsoft Reports Strong Financial Results for the Fourth Quarter and Fiscal Year of 2022

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has completed its acquisition of Codecademy, a leading online learning platform for technical skills. The addition of Codecademy's innovative and popular learning platform brings scalable, interactive courses and hands-on learning to Skillsoft's existing offering and addresses deep user needs for modern technical skills in 14 coding languages as

Skillsoft Completes Acquisition of Codecademy

BOSTON--(BUSINESS WIRE)-- #LandD--Skillsoft (NYSE: SKIL), a global leader in corporate digital learning, today announced the launch of Skill Benchmark Assessments, a new capability within the company's immersive learning platform, Percipio, that enables organizations to determine their learners' proficiency across the most in-demand technology, leadership, and business skills and deliver personalized development paths to expedite skill mastery. New research found that 83 percent of organizations are rep

Skillsoft Launches New Assessment Capability in Percipio to Accelerate Critical Skill Mastery and Close Enterprise Skill Gaps

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today commenced a $160 million senior secured incremental term loan B facility syndication. This facility will be used to finance a portion of the cash consideration of Skillsoft's pending acquisition of Codecademy, a leading online learning platform for technical skills. Codecademy's innovative and popular learning platform has provided high-demand technical skil

Skillsoft Commences Incremental Term Loan Syndication to Fund Codecademy Acquisition

BOSTON--(BUSINESS WIRE)--Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it will report its fiscal 2022 fourth quarter and full year financial results on Wednesday, April 6, 2022 after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results. The conference call can be accessed by dialing (877) 413-9278 from the United States and Ca

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