SKIL news

Skillsoft reported Q2 FY27 revenue of $98.2M, free cash flow of ($20.5)M, and updated fiscal 2027 financial guidance alongside the completion of the Global Knowledge divestiture.

Skillsoft received NYSE approval to regain compliance with listing standards by September 2027. This plan allows stock to maintain listing status while the company addresses its market cap and equity thresholds.

Skillsoft appointed Ron Kisling as Chief Financial Officer, replacing retiring John Frederick. The move follows the company's decision to sell its Global Knowledge business unit and signals a strategic transformation phase.

Skillsoft subsidiary GK Holdings has agreed to sell all issued and outstanding interests in Global Knowledge Training LLC to EHJob GP LLC for an undisclosed purchase price as of May 20, 2026. The transaction represents a divestiture of the company's training business segment.