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Skillsoft Cuts 2027 Revenue Outlook as AI Hits Consumer Coding Demand

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Skillsoft reported fiscal second-quarter revenue of $98.2 million, down 2.9% year over year, with consumer weakness outweighing a nearly stable enterprise business. Management lowered fiscal 2027 revenue guidance to $380 million to $390 million from $388 million to $406 million, citing accelerating negative consumer dynamics. Enterprise declined about 1% excluding consumer, while the company targets $5 million in platform bookings by end of fiscal 2027.

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