SKIL revenue fell 2.9% year-over-year but adjusted EBITDA rose
Revenue declined 2.9% year-over-year for the quarter. Adjusted EBITDA improved due to cost controls, and the sale of the GK business was completed, resulting in a significant loss on disposal and ongoing risks.
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08:11:58 PM UTC
SquawkNews
Q2 FY27 revenue declined 2.9% year-over-year to $98.2M, but Adjusted EBITDA rose 7% to $33.4M with margin expansion. The company completed the Global Knowledge divestiture, launched new AI-enabled products, and maintained strong customer retention and cash flow guidance.Original document: Skillsoft…
08:12:08 PM UTC
SquawkNews
Revenue declined 2.9% year-over-year for the quarter, driven by continued weakness in the consumer business and cautious enterprise spending, while adjusted EBITDA improved due to cost controls. The sale of the GK business was completed, resulting in a significant loss on disposal and ongoing risks…
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