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SKIL - Skillsoft: Ambitious Targets Set Amid Ongoing Debt Concerns
July, 24 2024 08:38 AM
Skillsoft Corp (New) Cl A
2024-07-24 08:38:06 ET
Summary Shares have seen a strong price appreciation recently following the actions taken by the company’s new CEO. Management plans to reduce its operating expenses by $45 million and aims to return to growth and free cash flow generation in FY26. The high debt load continues to be the biggest risk facing the business and the valuation of its shares.
Investment thesis For further details see:
Skillsoft: Ambitious Targets Set Amid Ongoing Debt Concerns
Stock Information
Company Name:
Skillsoft Corp (New) Cl A
Stock Symbol:
SKIL
Market:
NYSE
Website:
skillsoft.com
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