Skillsoft (NYSE:SKIL) Announces Earnings Results

Skillsoft (NYSE:SKIL) issued its quarterly earnings results on Monday. The company reported ($3.42) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.88) by $1.46, Zacks reports. Skillsoft had a negative return on equity of 28.09% and a negative net margin of 63.13%. The business had revenue of $127.79 million for the quarter, compared to analyst estimates of $133.42 million. During the same quarter in the prior year, the firm posted ($3.60) earnings per share. Skillsoft updated its FY 2025 guidance to EPS.

Skillsoft Price Performance

NYSE:SKIL traded down $0.93 during trading hours on Tuesday, hitting $8.46. 36,186 shares of the company’s stock traded hands, compared to its average volume of 48,750. The firm has a market cap of $69.03 million, a P/E ratio of -0.20 and a beta of 1.25. Skillsoft has a 52 week low of $5.09 and a 52 week high of $30.60. The business’s fifty day simple moving average is $8.20 and its two-hundred day simple moving average is $11.90. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 2.81.

Analyst Ratings Changes

Several equities research analysts have issued reports on SKIL shares. Oppenheimer restated a “market perform” rating on shares of Skillsoft in a report on Tuesday, April 16th. Barclays decreased their price objective on Skillsoft from $25.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, April 16th. Finally, Citigroup reduced their price target on Skillsoft from $66.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, April 30th.

Skillsoft Company Profile

Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.