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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.

Overview of Skillsoft Corp

Skillsoft Corp is a prominent American educational technology company known for its comprehensive digital learning solutions tailored for the corporate sector. With a rich portfolio that encompasses digital learning, corporate training, and advanced learning management systems, Skillsoft provides an integrated approach to employee education and development.

Core Business Segments

The company divides its offerings into two primary segments. The Content & Platform segment is dedicated to the development, marketing, and delivery of a wide range of learning solutions in areas such as leadership, business, technology, developer training, and compliance. This segment leverages a vast content library designed to help organizations upskill their workforce effectively.

The Instructor-Led Training segment complements these digital resources by offering live training sessions that focus on key business and technology skills. These instructor-led courses reinforce the self-paced digital content, providing an interactive component that is valued by organizations for real-time learning and application.

Business Model and Market Position

Skillsoft generates revenue primarily through digital content subscriptions and licensing agreements, a business model that has allowed it to secure a significant presence in the corporate learning environment. The company excels by offering seamless integration between its digital platforms and instructor-led sessions, making it an adaptable resource for organizations seeking to modernize their training programs. While the educational technology market is competitive, Skillsoft differentiates itself through its detailed content curation, scalability, and ability to deliver targeted learning experiences that address specific corporate needs.

Industry Relevance and Competitive Landscape

Operating in the dynamic edtech industry, Skillsoft is positioned among key players that provide corporate training and digital learning management systems. The company’s strategic focus on content quality and platform reliability has bolstered its reputation for expertise and trustworthiness. Its offerings serve a broad market, from small enterprises to global corporations, each benefitting from a platform that is continuously enriched with industry-specific insights and educational content.

Operational Excellence and Technological Insights

Skillsoft’s platform is engineered to support widespread adoption across varied organizational structures. The company's focus on enhancing user engagement through a mixture of self-directed learning and interactive training modules reflects a deep understanding of modern training methodologies. Additionally, its commitment to regularly updating educational content ensures that organizations receive pertinent, actionable knowledge that adapts to changing industry standards without compromising on quality.

Conclusion

In summary, Skillsoft Corp provides a robust, scalable, and highly adaptive digital learning ecosystem that continuously evolves to meet the educational demands of today’s corporate environments. Its dual-segment approach, combining extensive digital content with instructor-led sessions, underscores its role as an essential resource in corporate education and training. Through precise content curation, technological innovation, and an authoritativeness that resonates with corporate investors and analysts, Skillsoft stands out as a key player in the domain of educational technology.

Rhea-AI Summary
Skillsoft releases its annual Lean Into Learning Report highlighting the impact of AI on workforce skills and competencies. The report emphasizes the need for continuous learning to stay competitive in a rapidly evolving environment, with AI transforming both what and how individuals learn. Leadership skills, technical fundamentals, and compliance training are key focus areas for organizations looking to thrive in the future.
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Skillsoft (NYSE: SKIL) announces AI-powered enhancements to its technology skilling solution, Codecademy, to provide interactive learning experiences for organizations and learners. The integration of generative AI (GenAI) aims to help build critical technology skills for success in the AI era.
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Skillsoft (NYSE: SKIL) released its 2023 IT Skills and Salary Report, highlighting the pressing need for workforce upskilling and reskilling due to the rapid advancement of AI and machine learning technologies. Key findings include 43% of IT leaders rating their teams' AI and ML skill sets as low, and one-in-three IT leaders struggling to find qualified AI and ML talent. The report also reveals that 97% of IT leaders say certified staff adds value to their organization, and the top reason for skill building among IT professionals is to prepare their organization for new technology, especially as generative AI (GenAI) becomes more advanced.
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Skillsoft Corp. (NYSE: SKIL) delivered strong improvements in Adjusted EBITDA and Free Cash Flow, with Content & Platform segment Revenue growing by 3% and increased LTM Bookings by 4%. However, the GAAP net loss was $28 million compared to a net loss of $528 million in the prior year. The company ended the quarter with $130 million of cash and cash equivalents.
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Skillsoft (SKIL) CEO and CFO to participate in fireside chat at Barclays Global Technology Conference
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Skillsoft (NYSE: SKIL) - The 2023 Corporate Social Responsibility at Work Report by Skillsoft reveals a significant shift in CSR motivators and priorities, with only 13% of professionals stating that CSR commitments are driven by 'doing the right thing', down from 40% last year. Instead, corporate CSR efforts are now primarily driven by customer feedback, government mandates, and public perception. The study also shows that CSR has become a greater priority, with two-thirds of respondents reporting increased importance, and C-Suite leadership driving the efforts. CSR budgets have also increased, with training and education emerging as the top area of investment (41%).
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Skillsoft (NYSE: SKIL) to release third quarter 2024 financial results on December 5th, 2023, and host a conference call at 5:00pm ET. The live webcast and replay details are available on the Investor Relations page of Skillsoft’s website.
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Skillsoft (NYSE: SKIL) has been recognized with two Training Magazine Network Choice Awards in the categories of Leadership Development and Learning Portal. Skillsoft has been guiding organizations through skills transformations for 25 years, and approximately 70% of the Fortune 1000 and more than 80 million learners trust Skillsoft to help drive enterprise-wide skills transformation.
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Skillsoft completes reverse stock split, increasing per-share price of common stock at a ratio of 1-for-20. Intended to attract institutional investors and enhance trading liquidity. No significant positive or negative impact on stock price expected.
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Skillsoft (NYSE: SKIL) approved a 1-for-20 reverse stock split to increase per-share price and attract institutional investors. The split will be effective on September 29, 2023, and trading will begin on October 2, 2023. No fractional shares will be issued. The exercise price per share of common stock attributable to warrants will be $230.00 after the split.
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FAQ

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

The current stock price of Skillsoft (SKIL) is $21.08 as of March 7, 2025.

What is the market cap of Skillsoft (SKIL)?

The market cap of Skillsoft (SKIL) is approximately 180.4M.

What is the core business of Skillsoft Corp?

Skillsoft Corp specializes in providing digital learning solutions for corporate training, including both content-based learning platforms and instructor-led training sessions.

How does Skillsoft generate revenue?

The company primarily earns revenue through subscription-based models and licensing agreements for its digital content and learning management systems.

What are the main service segments of Skillsoft?

Skillsoft operates through its Content & Platform segment, which delivers a wide range of learning content, and its Instructor-Led Training segment, which offers live training sessions.

Who are the typical customers of Skillsoft Corp?

The company serves a broad spectrum of organizations, from small enterprises to large global corporations, seeking to enhance employee training and digital learning capabilities.

How does Skillsoft differentiate itself in the edtech market?

Skillsoft distinguishes itself through a comprehensive content library, scalable learning platforms, and a dual approach combining digital resources with live instructor-led training.

What industries benefit from Skillsoft's services?

Organizations across various sectors, including technology, finance, healthcare, and manufacturing, utilize Skillsoft's tailored digital learning solutions to upskill their workforce.

How does the Content & Platform segment work?

This segment involves developing and delivering targeted educational content in areas such as leadership, technology, and compliance, accessible through digital platforms licensed to corporations.

What role does Instructor-Led Training play in Skillsoft's offerings?

Instructor-Led Training complements the digital content by providing interactive, real-time learning sessions that reinforce and expand on the material delivered through the digital platform.
Skillsoft Corp

NYSE:SKIL

SKIL Rankings

SKIL Stock Data

180.42M
7.46M
9.2%
71.03%
1.69%
Education & Training Services
Services-prepackaged Software
Link
United States
NEW YORK