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Skillsoft Corp. - SKIL STOCK NEWS

Welcome to our dedicated page for Skillsoft news (Ticker: SKIL), a resource for investors and traders seeking the latest updates and insights on Skillsoft stock.

Skillsoft Corp. (symbol: SKIL) is a leading American educational technology company that specializes in corporate digital learning. It offers a robust suite of learning management system software and content designed to enhance employee education and development. The company operates through two main segments: Content & Platform and Instructor-Led Training.

The Content & Platform segment is the core of Skillsoft's business, focusing on the sale, marketing, and delivery of comprehensive learning solutions. These solutions cover key areas including Leadership and Business, Technology and Developer, and Compliance. This segment generates the majority of the company's revenue, highlighting its pivotal role in Skillsoft's operations.

On the other hand, the Instructor-Led Training segment offers specialized training solutions aimed at enhancing information technology and business skills for corporations and their employees. By blending instructor expertise with Skillsoft's technology, the company provides a dynamic and immersive learning experience.

Skillsoft continues to make significant strides in the digital learning space with recent achievements including strategic partnerships and the launch of new learning platforms. The company's dedication to providing top-notch educational content is evident in its extensive library of courses and resources that cater to a wide range of professional development needs.

Financially, Skillsoft demonstrates a stable condition with consistent revenue generated primarily from its Content & Platform segment. The company's focus on innovation and quality education positions it as a key player in the corporate learning industry, making it a valuable resource for companies aiming to upskill their workforce.

Rhea-AI Summary

Skillsoft (NYSE: SKIL), a prominent platform for transformative learning experiences, will release its first quarter fiscal 2025 financial results after market close on June 10, 2024.

A conference call and webcast to discuss the results will take place on the same day at 5:00 p.m. ET.

Interested parties in the United States and Canada can join the call by dialing (877) 413-9278, while international participants can use (215) 268-9914.

The webcast will be available on Skillsoft’s Investor Relations page, with a replay accessible for six months.

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Skillsoft (NYSE: SKIL) has achieved Workday Certified Integration Status, connecting its learning platform with Workday HCM and Workday Skills Cloud. This integration offers a skills-based approach to learning, career development, and talent optimization, addressing critical skills gaps identified by decision-makers. The collaboration enables organizations to have a comprehensive view of their workforce's skills, delivering impactful talent development programs and enabling tailored learning experiences.

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Skillsoft launched Interactive Skill Benchmarks (ISBs), a new capability in their Skill Benchmarks suite, aimed at addressing skills gaps in organizations. ISBs provide hands-on skill assessments focusing on practical application, helping organizations align skills with business needs. The first set of ISBs covers technology subjects like AI, programming, and data science, with plans for future expansions. Key features include interactive virtual environments, outcome-oriented assessments, personalized feedback, and comprehensive dashboards for skills tracking.

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Skillsoft has been recognized as a 'Leader' in enterprise learning by industry analyst firms Constellation Research, Aragon Research, and Fosway Group. This acknowledgement highlights Skillsoft's commitment to innovation, extensive learning offerings, and customer satisfaction. The company's dynamic and interactive learning experiences are praised, positioning Skillsoft as a forefront provider of transformative learning solutions.
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Skillsoft (NYSE: SKIL) partners with Year Up to provide critical workforce skills training to over 30,000 young adults. The partnership aims to address the digital literacy crisis by offering access to Skillsoft's learning solutions like Codecademy and CAISY™. By empowering underserved young adults with upskilling opportunities, the collaboration seeks to create a more inclusive talent pool and bridge the Opportunity Divide.
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Skillsoft reported financial results for Q4 and FY 2024, with Adjusted EBITDA exceeding expectations. The company saw accelerated revenue growth in the Subscription-Based Content & Platform segment, with LTM Dollar Retention Rates increasing to 101%. Skillsoft also provided its financial outlook for FY 2025.
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Skillsoft appoints Ronald Hovsepian as Executive Chair, replacing retiring CEO Jeffrey R. Tarr. Hovsepian to lead the company's transformative learning experiences and strategic growth initiatives.
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Skillsoft (SKIL) releases its annual Women in Tech Report highlighting challenges and demand for professional development in the tech industry. Survey shows 31% of women in tech considering leaving due to poor management, lack of training, and compensation issues.
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Skillsoft (SKIL) receives 2024 AI Excellence Award for its AI-powered coaching solution, CAISY™, enhancing communication skills and leadership development. The platform offers over 60 coaching scenarios and customized offerings to meet unique customer needs.
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Skillsoft (NYSE: SKIL) to announce Q4 and full year fiscal 2024 results on April 15th, 2024, followed by a conference call at 5:00pm ET.
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FAQ

What is the current stock price of Skillsoft (SKIL)?

The current stock price of Skillsoft (SKIL) is $19.3 as of December 20, 2024.

What is the market cap of Skillsoft (SKIL)?

The market cap of Skillsoft (SKIL) is approximately 152.8M.

What does Skillsoft Corp. do?

Skillsoft Corp. specializes in corporate digital learning, offering learning management system software and content across various professional fields.

What are the main segments of Skillsoft's business?

Skillsoft operates through two main segments: Content & Platform and Instructor-Led Training.

What areas does the Content & Platform segment cover?

The Content & Platform segment covers Leadership and Business, Technology and Developer, and Compliance.

What is the focus of Skillsoft's Instructor-Led Training segment?

The Instructor-Led Training segment focuses on providing training solutions to enhance information technology and business skills.

How does Skillsoft generate most of its revenue?

Most of Skillsoft's revenue comes from the Content & Platform segment.

What recent achievements has Skillsoft made?

Skillsoft has formed strategic partnerships and launched new learning platforms to enhance its digital learning offerings.

What is the financial condition of Skillsoft Corp.?

Skillsoft maintains a stable financial condition, primarily generating revenue from its Content & Platform segment.

Why is Skillsoft a key player in the corporate learning industry?

Skillsoft's innovation, extensive course library, and focus on quality education position it as a leader in corporate learning.

What kind of learning experience does Skillsoft provide?

Skillsoft offers a dynamic and immersive learning experience by combining instructor expertise with advanced technology.

Who benefits from Skillsoft's services?

Corporations and their employees benefit from Skillsoft's learning solutions aimed at professional development and skill enhancement.

Skillsoft Corp.

NYSE:SKIL

SKIL Rankings

SKIL Stock Data

152.83M
7.49M
9.2%
71.03%
1.82%
Education & Training Services
Services-prepackaged Software
Link
United States of America
NEW YORK