Skillsoft Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Skillsoft (NYSE:SKIL) Full Year 2024 Results

Key Financial Results

• Revenue: US$553.2m (flat on FY 2023).
• Net loss: US$348.6m (loss narrowed by 56% from FY 2023).
• US$43.17 loss per share (improved from US$99.45 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Skillsoft Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 42% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Skillsoft (including 1 which can't be ignored).

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