Skillsoft reports Q1 EPS ($4.57) vs. ($3.42) last year

Reports Q1 revenue $124.2M vs. $127.8M last year. “We are pleased to have delivered first quarter results in line with expectations despite a challenging economic environment, particularly a softening of discretionary spending which disproportionately impacts our Global Knowledge business segment,” said Ron Hovsepian, Skillsoft’s (SKIL) Executive Chair and Chief Executive Officer. “This performance reflects the strength of our strategy, which is designed to return the company to at or above market growth rates. The multi-quarter growth we are seeing in TDS, our largest business segment, reinforces our confidence in our ability to achieve top line growth this year.”