Skillsoft's GAAP loss for 3 months of fiscal 2023 was $21.643 million, down 42.1% from $37.405 million in the prior year. Revenue increased 78.7% to $163.914 million from $91.701 million a year earlier.

Skillsoft's loss for fiscal year 2022 was $0.087 billion, compared to a profit of $2.651 billion in the previous year. Revenue increased 1% to $698.098 million from $690.935 million a year earlier.

Skillsoft completed its acquisition of online learning platform Codecademy for $525 million. Codecademy offers interactive courses and hands-on training in areas such as application development, data science, cloud technology and cybersecurity.

Skillsoft acquires online learning platform Codecademy for $525 million. Codecademy offers interactive courses and hands-on training in areas such as application development, data science, cloud technology and cybersecurity. The deal is scheduled to close in the first half of 2022.