Skillsoft: Q1 Earnings Insights

Skillsoft (NYSE:SKIL) reported its Q1 earnings results on Tuesday, June 6, 2023 at 04:05 PM. Here’s what investors…

Skillsoft (NYSE:SKIL) reported its Q1 earnings results on Tuesday, June 6, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Skillsoft reported in-line EPS of $-0.18 versus an estimate of $-0.18.

Revenue was down $28.36 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 12.87% drop in the share price the next day.

Here’s a look at Skillsoft’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.22 -0.31 -0.16 -0.17
EPS Actual -0.21 -0.19 0.09 -0.15
Revenue Estimate 123.97M 142.83M 184.63M 170.41M
Revenue Actual 140.32M 139.39M 140.57M 163.91M

To track all earnings releases for Skillsoft visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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