Skillsoft cuts fiscal 2027 revenue outlook as AI pressures consumer coding business
AI Summary- Skillsoft lowered fiscal 2027 revenue guidance while maintaining its adjusted EBITDA and cash flow outlook.
- Second-quarter revenue fell 2.9% to $98.2 million, while adjusted EBITDA rose 7% to $33.4 million.
- Skillsoft completed the Global Knowledge divestiture and established a board committee for lender discussions.