Skillsoft (NYSE:SKIL) Posts Earnings Results, Beats Expectations By $2.57 EPS

Key Points

• Skillsoft reported a quarterly EPS of $0.47, significantly surpassing analysts' expectations of ($2.10) by $2.57.
• The company's market capitalization stands at $129.15 million, with shares trading around $15.07.
• Recent activity from institutional investors includes a 330% increase in holdings by Bank of America Corp DE during the fourth quarter.

Skillsoft (NYSE:SKIL - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of ($2.10) by $2.57, Zacks reports. The business had revenue of $128.82 million for the quarter, compared to analyst estimates of $129.24 million. Skillsoft had a negative return on equity of 7.12% and a negative net margin of 22.24%. Skillsoft updated its FY 2026 guidance to EPS.

Skillsoft Stock Down 5.4%

NYSE SKIL traded down $0.72 during trading on Friday, reaching $12.58. 81,454 shares of the company's stock were exchanged, compared to its average volume of 23,589. The company has a 50 day moving average price of $14.86 and a two-hundred day moving average price of $17.73. The stock has a market cap of $109.55 million, a P/E ratio of -0.90 and a beta of 1.58. Skillsoft has a 1 year low of $12.22 and a 1 year high of $34.42. The company has a debt-to-equity ratio of 13.45, a quick ratio of 0.86 and a current ratio of 0.85.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on SKIL shares. Zacks Research upgraded Skillsoft to a "hold" rating in a report on Monday, August 11th. Wall Street Zen downgraded Skillsoft from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold".

Institutional Investors Weigh In On Skillsoft

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in Skillsoft by 330.0% in the fourth quarter. Bank of America Corp DE now owns 1,750 shares of the company's stock valued at $42,000 after purchasing an additional 1,343 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Skillsoft during the 2nd quarter worth approximately $39,000. New York State Common Retirement Fund acquired a new position in shares of Skillsoft in the 2nd quarter valued at $96,000. Cubist Systematic Strategies LLC boosted its holdings in shares of Skillsoft by 20.5% in the 1st quarter. Cubist Systematic Strategies LLC now owns 9,370 shares of the company's stock valued at $180,000 after buying an additional 1,593 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Skillsoft in the 1st quarter valued at $296,000. Hedge funds and other institutional investors own 87.00% of the company's stock.

About Skillsoft

Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.