Skillsoft shares are trading lower after the company reported mixed Q4 financial results and issued FY25 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Skillsoft's shares dropped following the announcement of mixed Q4 financial results and a FY25 revenue forecast that fell short of expectations.
April 15, 2024 | 8:47 pm
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Skillsoft's shares declined due to mixed Q4 financial outcomes and lower-than-expected FY25 revenue guidance.
The negative reaction in Skillsoft's stock price is directly tied to the company's mixed financial results for Q4 and its future revenue guidance for FY25, which did not meet analyst expectations. Such financial updates often lead to a decrease in investor confidence, impacting the stock's short-term performance negatively.
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