Skillsoft Sees FY25 Revenue $530M-$550M Vs $579.724M Est.
Portfolio Pulse from Benzinga Newsdesk
Skillsoft projects its FY25 revenue to be between $530M-$550M, which is below the estimated $579.724M.
April 15, 2024 | 8:08 pm
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NEGATIVE IMPACT
Skillsoft's projected FY25 revenue is significantly lower than market expectations, indicating potential challenges ahead.
Skillsoft's lower-than-expected revenue forecast for FY25 could lead to negative investor sentiment and pressure on the stock price in the short term. The discrepancy between the company's forecast and market expectations suggests potential challenges in growth or market conditions that could impact investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100