SkillSoft PLC. Stated on Thursday that its fourth-quarter net income fell 16 percent from a year earlier, when it benefited from a tax windfall. Its revenue also fell, by 2 percent to $79.2 million from $80.5 million. SkillSoft PLC trades on the “NASDAQ” under the stock symbol “SKIL”. For the Latest information regarding on “SKIL”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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SkillSoft PLC, (NASDAQ:SKIL) an education software company that has agreed to be private, said Thursday its fourth-quarter net income fell 16 percent from a year earlier, when it benefited from a tax windfall. Its revenue also fell, by 2 percent to $79.2 million from $80.5 million.
For the full year that ended Jan. 31, its net income rose 41 percent to $71.4 million, or 72 cents per share, from $50.8 million, or 47 cents per share the prior year. Revenue fell 4 percent to $315.0 million from $328.5 million. Skillsoft's net income in the three months that ended Jan. 31 fell to $15.8 million, or 16 cents per share, from $18.8 million, or 18 cents per share a year earlier.
About SkillSoft PLC:
SkillSoft Public Limited Company provides on-demand e-learning and performance support solutions for enterprises, government, education, and small and medium-sized businesses worldwide. Its products include SkillChoice Multi-Modal Learning Solutions that provide resources to support formal training and informal performance support needs; SkillPort for managing e-learning programs; SkillSoft Dialogue, a platform for live and on-demand learning sessions; KnowledgeCenters, learning portals that allow learners instant access to content; Business Impact Series, which include the audio-driven dramatizations of workplace business problems and solutions; Challenge Series titles that provide interactive case studies; Business Skills Courseware Collection that consists of courseware titles and simulations encompassing professional effectiveness, management/leadership, project management, sales and customer-facing skills, business strategy/operations, finance, and human resources. The company also provides IT Skills Courseware Collection, comprising courseware titles encompassing software development, operating systems and server technologies, Internet and network technologies, enterprise database systems, and Web design; Desktop Skills Courseware Collection; Legal Compliance, Federal Government Compliance and Environmental Safety and Health (ES&H) Courseware Collection for legal, federal, and environmental issues; SkillSoft Academy, an online compliance learning management system; TestPrep that allows learners to test their knowledge; Live Learning, a derivative of traditional instructor-led technical training. It also offers online mentoring services, professional books to online subscribers, and live and on-demand video learning presentations. The company was founded in 1989 and is headquartered in Nashua, New Hampshire.
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