Skillsoft Corp. (SKIL) shares rallied 18% in the last trading session to close at $18.01. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.1% gain over the past four weeks. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements ...

Therefore, the Zacks rating upgrade for Skillsoft basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Most Powerful Force Impacting Stock Prices The upgrade of Skillsoft to a Zack ...

Shares of Skillsoft Corp. (SKIL) have gained 13.5% over the past four weeks to close the last trading session at $10.16, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $36.67 indicates a potential upside of 260.9%. Price, Consensus and EPS Surprise While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decisi ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Financial Data and Key Metrics Changes - Content and platform revenue was $98 million, roughly flat year-over-year, impacted by tighter budgets and softer consumer subscription performance [9] - Total revenue was $128 million, down 6% year-over-year, with adjusted EBITDA at $19 million or 15% of revenue compared to $22 million or 16% in the prior year [43][44] - General and administrative expenses increased by 10% year-over-year to $20 million, while total operating expenses were $109 million, down 4% year-over-year [10][11] Business Line Data and Key Metrics Changes - Instructor-led training revenue decreased by 20% year-over-year to $30 million, influenced by the exit from the apprenticeship business in the UK [9] - The long-term dollar retention rate was approximately 99%, down from 101% in Q1 of the previous year [9] Market Data and Key Metrics Changes - The instructor-led training market is growing globally, but Skillsoft's performance in this segment has been challenged [16][68] - The company is seeing good expansion in selected Asian markets, while Europe continues to show positive growth [74] Company Strategy and Development Direction - The company is evolving its strategy to strengthen operational foundations and improve execution, focusing on a dual business unit structure [5][6] - Skillsoft aims to leverage its unique digital capabilities and interactive learning experiences to capture growth in the individual learner market [16] - The company is committed to enhancing its leadership position in a fragmented industry by offering an end-to-end interactive learning solution [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed disappointment in the first quarter results but remains confident in the long-term market opportunity [20] - The company is addressing operational challenges and expects improvements in performance in the coming quarters [20][90] - Management highlighted the importance of adapting to a skill-centric economy driven by technological advancements like generative AI [7] Other Important Information - Cash flow from operations was $15 million, with positive free cash flow of $10 million in the quarter [22] - The company maintains a solid balance sheet with cash and cash equivalents of $150 million, up from $147 million in the previous quarter [45] Q&A Session Summary Question: Concerns about restructuring and full-year outlook - Management acknowledged the need for operational discipline and execution focus, expressing confidence in achieving full-year guidance despite a softer start [25][27] Question: Impact of enterprise renewal rates and specific industries - Management noted that while there are pressures, they do not see significant changes across industry verticals, with some softness observed [33][40] Question: Challenges in the instructor-led training business - Management indicated that execution issues are primarily responsible for the challenges, with confidence in fixing these operational matters quickly [55][68] Question: Geographic performance and market share - Management reported no significant geographic divergence affecting performance, with positive growth in selected Asian markets [74] Question: Engagement metrics and user outcomes - Management emphasized the importance of measuring outcomes rather than just usage, aligning with customer expectations for retention and career mobility [81][85]

Skillsoft Corp. (SKIL) came out with a quarterly loss of $3.42 per share versus the Zacks Consensus Estimate of a loss of $4. This compares to loss of $3.60 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Skillsoft? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impres ...

Cautionary Notes Regarding Forward Looking Statements Factors that could cause or contribute to such differences include those described under "Part I - Item 1A. Risk Factors" in our Form 10-K for the fiscal year ended January 31, 2024. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements included in our other periodic filings with the Securities and Exchange Commission. The forward-looking statements contained in this document represent ...

Skillsoft Corp. (Exact name of registrant as specified in its charter) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38960 Indicate by check mark whether the registra ...

Exhibit 99.1 Skillsoft Reports Financial Results for the First Quarter of Fiscal 2025 DENVER – June 10, 2024 – 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 2025 ended April 30, 2024. "Since rejoining Skillsoft in a full-time executive capacity in mid-April, I have gained greater confidence in Skillsoft's market opportunity and our unique ability to deliver transfo ...

Skillsoft Corp. (SKIL) closed the last trading session at $9.20, gaining 9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $45.33 indicates a 392.7% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $18.58. While the lowest estimate of $30 indicates a 226.1% increase from the current price level, the most optimistic analyst ex ...