Skillsoft Clocks 5% Decline In Q1 Bookings; Eyes Bottom-End Of FY23 Bookings, Revenue Outlook
Skillsoft Corp (NYSE:SKIL) reported first-quarter FY23 GAAP revenue growth of 78.7% year-on-year to $163.91 million. Adjusted revenue grew 1% to $170.3 million. Total bookings in the quarter declined 5% Y/Y to $125.5 million. Skillsoft Content segment bookings growth was 22%. The operating expenses for the quarter increased 72.8% Y/Y to $206.3 million. The…
Benzinga ·
Benzinga
