Articles from Skillsoft Corp.
Skillsoft Reports Financial Results for the Third Quarter of Fiscal 2025
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the third quarter of fiscal 2025 ended October 31, 2024.
By Skillsoft Corp. · Via Business Wire · December 10, 2024
Skillsoft Reports Financial Results for the Second Quarter of Fiscal 2025
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the second quarter of fiscal 2025 ended July 31, 2024.
By Skillsoft Corp. · Via Business Wire · September 9, 2024
Skillsoft to Host Virtual Investor Day on July 11, 2024
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced that it will host a virtual Investor Day on Thursday, July 11, 2024, at 9:00 a.m. ET. The event will include presentations from Ron Hovsepian, Skillsoft’s Executive Chairman, and members of the Company’s executive leadership team.
By Skillsoft Corp. · Via Business Wire · June 28, 2024
Skillsoft Reports Financial Results for the First Quarter of Fiscal 2025
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the first quarter of fiscal 2025 ended April 30, 2024.
By Skillsoft Corp. · Via Business Wire · June 10, 2024
Skillsoft Announces Inducement Grant Under NYSE Rule 303A.08
Skillsoft Corp. (NYSESKIL) ("Skillsoft" or the “Company”), a leading platform for transformative learning experiences, today announced that on June 4, 2024, the Compensation Committee of Skillsoft's Board of Directors made a grant to Darren Bance of 40,000 restricted stock units (“RSUs”) in respect of the Company’s Class A common stock. The grant of RSUs was offered as a material inducement to Mr. Bance’s hiring as General Manager of Skillsoft Global Knowledge. Mr. Bance joined the Company on May 6, 2024. The RSUs were granted under the Skillsoft Corp. 2024 Employment Inducement Incentive Award Plan and vest (i) with respect to 75% of such RSUs, ratably over four years, and (ii) with respect to 25% of such RSUs, based on the achievement of both time- and performance-based vesting conditions, as determined by the Board of Directors, in each case, subject to Mr. Bance’s continued employment with the Company through each vesting date.
By Skillsoft Corp. · Via Business Wire · June 6, 2024
Skillsoft Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2024
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the fourth quarter and full fiscal year ended January 31, 2024 and provided its financial outlook for full year fiscal 2025.
By Skillsoft Corp. · Via Business Wire · April 15, 2024
Skillsoft Reports Financial Results for the Third Quarter of Fiscal 2024
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the third quarter of fiscal 2024 ended October 31, 2023.
By Skillsoft Corp. · Via Business Wire · December 5, 2023
Skillsoft Reports Financial Results for the Second Quarter of Fiscal 2024
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the second quarter of fiscal 2024 ended July 31, 2023.
By Skillsoft Corp. · Via Business Wire · September 11, 2023
Skillsoft Reports Financial Results for the First Quarter of Fiscal 2024
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the first quarter of fiscal 2024 ended April 30, 2023.
By Skillsoft Corp. · Via Business Wire · June 6, 2023
Skillsoft Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2023
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the fourth quarter and full fiscal year ended January 31, 2023. The Company also provided its financial outlook for the full fiscal 2024 year.
By Skillsoft Corp. · Via Business Wire · April 11, 2023
Skillsoft Reports Financial Results for the Third Quarter of Fiscal Year 2023
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the third quarter of fiscal 2023 ended October 31, 2022.
By Skillsoft Corp. · Via Business Wire · December 6, 2022
Skillsoft Names Richard Walker as Next Chief Financial Officer
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a platform for transformative learning experiences, today announced that it has appointed Richard Walker, Skillsoft’s current Chief Corporate Strategy and Development Officer, as Chief Financial Officer, effective October 28, 2022. Gary Ferrera, Skillsoft’s current CFO, is stepping down to pursue personal interests and will remain with the Company through December 2022 to ensure a smooth transition. Following the transition, Mr. Walker will maintain his corporate strategy and development responsibilities, thereby streamlining the Company’s executive leadership team and creating a more focused organizational structure.
By Skillsoft Corp. · Via Business Wire · October 11, 2022
Skillsoft Reports Financial Results for the Second Quarter of Fiscal Year 2023
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the second quarter of fiscal 2023 ended July 31, 2022.
By Skillsoft Corp. · Via Business Wire · September 7, 2022
Skillsoft Announces Date of Second Quarter 2023 Financial Results Conference Call
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced that it will report its fiscal 2023 second quarter financial results on Wednesday, September 7, 2022, after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results.
By Skillsoft Corp. · Via Business Wire · August 16, 2022
Skillsoft Enters Agreement to Sell SumTotal to Cornerstone for $200 Million
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a platform for transformative learning experiences, today announced it has entered into a definitive agreement to sell its SumTotal business, a provider of learning and human capital management software (“LMS” and “HCM”) for highly regulated industries, to Cornerstone OnDemand, Inc. ("Cornerstone") for approximately $200 million in a cash transaction.
By Skillsoft Corp. · Via Business Wire · June 13, 2022
Skillsoft Reports Financial Results for the First Quarter of Fiscal Year 2023
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the first quarter of fiscal 2023 ended April 30, 2022.
By Skillsoft Corp. · Via Business Wire · June 8, 2022
Skillsoft Announces Date of First Quarter 2023 Financial Results Conference Call
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it will report its fiscal 2023 first quarter financial results on Wednesday, June 8, 2022 after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results.
By Skillsoft Corp. · Via Business Wire · May 19, 2022
Skillsoft Reports Strong Financial Results for the Fourth Quarter and Fiscal Year of 2022
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced its financial results for the fourth quarter and full year of fiscal 2022 ended January 31, 2022. The Company also provided fiscal 2023 guidance.
By Skillsoft Corp. · Via Business Wire · April 6, 2022
Skillsoft Completes Acquisition of Codecademy
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has completed its acquisition of Codecademy, a leading online learning platform for technical skills.
By Skillsoft Corp. · Via Business Wire · April 5, 2022
Skillsoft Commences Incremental Term Loan Syndication to Fund Codecademy Acquisition
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today commenced a $160 million senior secured incremental term loan B facility syndication. This facility will be used to finance a portion of the cash consideration of Skillsoft’s pending acquisition of Codecademy, a leading online learning platform for technical skills.
By Skillsoft Corp. · Via Business Wire · March 15, 2022
Skillsoft Announces Date of Fourth Quarter and Full Year Fiscal 2022 Financial Results Conference Call
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it will report its fiscal 2022 fourth quarter and full year financial results on Wednesday, April 6, 2022 after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results.
By Skillsoft Corp. · Via Business Wire · March 14, 2022
Skillsoft to Acquire Codecademy, a Leading Platform for Learning High-Demand Technical Skills, Creating a Worldwide Community of More Than 85 Million Learners
Skillsoft (NYSESKIL), a global leader in corporate digital learning, today announced it has entered into a definitive agreement to acquire Codecademy, a leading online learning platform for technical skills, for approximately $525 million in cash and stock.
By Skillsoft Corp. · Via Business Wire · December 22, 2021
Skillsoft Reports Strong Financial Results for the Third Quarter of Fiscal 2022
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced its financial results for the third quarter of fiscal 2022 ended October 31, 2021. The Company delivered bookings growth in each of its business segments and grew revenue. Skillsoft raised its full year outlook for bookings and adjusted revenue and updated its outlook for adjusted EBITDA to the midpoint of the previous range.
By Skillsoft Corp. · Via Business Wire · December 14, 2021
Skillsoft Announces Date of Third Quarter Fiscal 2022 Financial Results Conference Call
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it will report its fiscal 2022 third quarter financial results on Tuesday, December 14, 2021 after market close. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results.
By Skillsoft Corp. · Via Business Wire · December 2, 2021
Skillsoft Appoints Kristi Hummel as Chief People Officer
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has appointed Kristi Hummel as Chief People Officer, effective immediately. Ms. Hummel brings more than 25 years of experience leading people strategies for global technology companies, including designing and implementing best-practice programs for talent acquisition, retention and development, workforce planning, compensation and benefits, and performance management.
By Skillsoft Corp. · Via Business Wire · September 28, 2021
Skillsoft and Ellevate Network Partner to Empower Women+ Whose Careers Have Been Disrupted Due to COVID-19
Skillsoft Corp. (NYSESKIL) a global leader in corporate digital learning, will announce today at their annual Perspectives event, a partnership with Ellevate Network to support women+ whose careers and employment have been adversely affected by COVID-19. Ellevate, the largest coalition for women+, gives women, non-binary people, and male allies safe spaces to be honest about work and get validation, perspective, and actionable advice.
By Skillsoft Corp. · Via Business Wire · September 23, 2021
Skillsoft Launches New Platform Features, Content, and Courses to Prepare the Workforce of Today with Skills for Tomorrow
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it is launching a series of innovative, new platform features, content, and courses to enable organizations to build a future-fit workforce and give learners the tools they need to achieve their full potential. Skillsoft is offering all interested learners 30 days of free access to Percipio, the Company’s next-generation learning platform, so they can experience firsthand Skillsoft’s comprehensive suite of premium, proprietary, and vendor-authorized content, extensive course library, and learning modalities.
By Skillsoft Corp. · Via Business Wire · September 22, 2021
Skillsoft Raises Full Year Guidance and Reports Strong Financial Results for the Second Quarter of Fiscal 2022
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced its financial results for the second quarter of fiscal 2022 ended July 31, 2021. The Company’s results exceeded its expectations, and Skillsoft raised its bookings and adjusted revenue guidance for the full year.
By Skillsoft Corp. · Via Business Wire · September 14, 2021
Skillsoft Announces Date of Second Quarter Fiscal 2022 Financial Results Conference Call
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it plans to report financial results for its fiscal 2022 second quarter ended July 31, 2021 on Tuesday, September 14, 2021 after market close. Skillsoft will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss its financial results.
By Skillsoft Corp. · Via Business Wire · August 30, 2021
Skillsoft Appoints Gary W. Ferrera as Chief Financial Officer
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has appointed Gary W. Ferrera as Chief Financial Officer, effective September 20, 2021, and Eric Boyer as Senior Vice President of Investor Relations, who is expected to join Skillsoft in the fourth quarter of 2021. Ryan Murray, the Company’s Chief Accounting Officer and interim Chief Financial Officer, will continue in his role as Chief Accounting Officer. James Gruskin, who has served as the Company’s interim Head of Investor Relations, will continue in his role as Senior Vice President of Corporate Development.
By Skillsoft Corp. · Via Business Wire · August 5, 2021
Skillsoft Successfully Completes Debt Refinancing to Support Growth
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has successfully completed its previously announced debt refinancing. The Company has closed a new $480 million senior secured term loan B facility. This facility, along with cash on hand, will be used to refinance and repay the Company’s existing term loan facilities, thereby reducing long-term debt by approximately $130 million.
By Skillsoft Corp. · Via Business Wire · July 19, 2021
Skillsoft Acquires Pluma to Expand Leadership Development Capabilities
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has acquired Pluma, Inc. (“Pluma”), a leading digital professional development and executive-quality coaching platform, for approximately $22 million in cash. The acquisition deepens Skillsoft’s Leadership Development portfolio, adds a new modality to its blended learning model, and marks the Company’s entry into individualized coaching.
By Skillsoft Corp. · Via Business Wire · June 30, 2021
Skillsoft Launches Debt Refinancing and Comments on Combined Results for the Quarter Ended April 30, 2021
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has launched marketing for a refinancing of a substantial amount of its long-term debt while repaying the remainder, which is expected to meaningfully decrease the Company’s interest expense, increase free cash flow, increase financial flexibility to grow through acquisitions, and significantly extend the maturity of any obligations. Skillsoft also noted that its Board of Directors has approved the adoption of a January 31 year-end for the Company’s financial reporting, effective immediately, to align Churchill Capital Corp II and Global Knowledge with the pre-business combination Skillsoft’s fiscal year end. In addition, Skillsoft commented on financial results for its first fiscal quarter ended April 30, 2021, reflecting the Company’s recent combinations with Churchill Capital Corp II and Global Knowledge as if the combined company had a fiscal quarter end of April 30, 2021.
By Skillsoft Corp. · Via Business Wire · June 21, 2021
Skillsoft Files Closing 8-K in Connection with the Completion of Its Business Combination with Churchill Capital Corp II and Global Knowledge
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced that it has filed its Form 8-K with the U.S. Securities and Exchange Commission in connection with the completion of the Company’s business combination with Churchill Capital Corp II and the subsequent acquisition of Global Knowledge on June 11, 2021 (the “Transaction”).
By Skillsoft Corp. · Via Business Wire · June 18, 2021
Skillsoft, a Global Leader in Corporate Digital Learning, Debuts on New York Stock Exchange
Skillsoft Corp. (NYSESKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, announced that its common stock will commence trading on the New York Stock Exchange (NYSE) under the ticker symbol “SKIL” today at the market open. This follows the completion of Software Luxembourg Holding S.A.’s merger with Churchill Capital Corp II and combination with Global Knowledge Training LLC (“Global Knowledge”) on June 11, 2021, with the combined company now operating as Skillsoft.
By Skillsoft Corp. · Via Business Wire · June 14, 2021