Skillsoft Q3 EPS $(2.82) Beats $(4.25) Estimate, Sales $138.96M Miss $144.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Skillsoft (NYSE:SKIL) reported Q3 earnings with a loss of $(2.82) per share, surpassing the $(4.25) estimate, marking a 25.79% improvement from last year. However, sales of $138.96M fell short of the $144.30M estimate, a slight 0.31% decline from the previous year.
December 05, 2023 | 9:14 pm
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NEUTRAL IMPACT
Skillsoft reported better-than-expected Q3 EPS but missed on revenue estimates, with a slight year-over-year decline in sales.
Skillsoft's EPS beat may be viewed positively by investors, but the miss on revenue estimates and the slight year-over-year sales decline could temper any potential stock price increase. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100