Skillsoft Corp reports results for the quarter ended in October - Earnings Summary

Skillsoft

06/12/2022 22:02

* Skillsoft Corp  SKIL.N  reported a quarterly adjusted loss
of 53
cents​​ per share for the quarter ended in October. The mean
expectation of five analysts for the quarter was for a loss
of 31 cents per share.
    * Revenue fell 22.1% to $139.39 million from a year ago;
analysts
expected $142.83 million. 
    * Skillsoft Corp's reported EPS for the quarter was a loss
of
$3.21​.
    * The mean earnings estimate of analysts had fallen by
about 120.6% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Skillsoft Corp shares had risen by 9.3% this quarter and
lost 78.1% so far this year.
    * The company reported a quarterly loss of $528.34 million.
    * Wall Street's median 12-month price target for Skillsoft
Corp is
$4.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
6 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      -0.31          -0.53          Missed
 Jul. 31 2022      -0.18          -0.74          Missed
 Apr. 30 2022      -0.17          -0.15          Beat
 Jan. 31 2022      -0.11          0.06           Beat