Skillsoft Cuts FY27 Revenue Outlook to $380M-$390M as Q2 Sales Slip 3%
SKIL sits 74% above its 52-week low of $3.43.
Summary
Skillsoft reported Q2 FY2027 revenue of $98.2M, down 3% year-over-year, and lowered its full-year revenue guidance to $380M-$390M from $388M-$406M. The company cited accelerating pressure in its consumer business as the reason for the reduced outlook. Adjusted EBITDA came in at $33M with a 34% margin, up from $31M and 31% a year ago, and the company maintained its full-year Adjusted EBITDA and free cash flow guidance. The Global Knowledge divestiture closed in July, simplifying the business to a single segment. The stock trades at a market cap of roughly $57M, so the revenue cut is material relative to the company's size. The earnings call is scheduled for 5:00 PM ET today, where management will likely face questions on the consumer weakness and debt restructuring plans.
At the time of this announcement, SKIL was trading at $5.96 on NYSE in the Technology sector, with a market capitalization of approximately $57.1M. The 52-week trading range was $3.43 to $18.45. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: BusinessWire.