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December 14 , 2021 skillsoft Skillsoft Reports Strong Financial Results for the Third Quarter of Fiscal 2022 Raises Full Year Outlook Following Stronger than Expected Results Extends Leadership Position with New Customer Wins and Significant Product Momentum with Percipio Bookings up 60 % BOSTON -- ( BUSINESS WIRE ) -- Skillsoft Corp. ( NYSE : SKIL ) ( “ Skillsoft " or the " Company " ) , a global leader in corporate digital learning , today announced its financial results for the third quarter of fiscal 2022 ended October 31 , 2021. The Company delivered bookings growth in each of its business segments and grew revenue . Skillsoft raised its full year outlook for bookings and adjusted revenue and updated its outlook for adjusted EBITDA to the midpoint of the previous range . " We delivered another strong quarter , driving bookings and adjusted revenue growth above expectations and executing on our strategic priorities , " said Jeffrey R. Tarr , Skillsoft's Chief Executive Officer . " We grew each of our segments , won new blue - chip customers and advanced our migration to Percipio . We also signed new strategic alliances and launched new content and platform features , further increasing the value we deliver to our customers . " Mr. Tarr added , " In our first two quarters as a public company , we recapitalized the business , assembled a world - class management team and board of directors , completed two acquisitions , and made foundational investments in content , platform and go - to - market . We continue to advance our vision of being the most highly valued provider of learning solutions and preparing the workforce of today with the skills for tomorrow . " Updated Full Year Fiscal 2022 Outlook¹ Updated Outlook Previous Outlook Bookings $ 700 million to $ 720 million $ 690 million to $ 710 million Adjusted Revenue $ 685 million to $ 700 million $ 670 million to $ 690 million Adjusted EBITDA Approximately $ 165 million $ 155 million to $ 175 million Skillsoft increased its bookings and adjusted revenue outlook for full year fiscal 2022 primarily to reflect better than expected performance through the first three quarters of the year . The adjusted EBITDA outlook at the middle of the original outlook range reflects the Company's growth investments in content , platform , and go - to - market capabilities , contributing to the higher than expected bookings and adjusted revenue growth . Fiscal 2022 Third Quarter Financial Highlights² Grew bookings 7 % , with Content up 6 % , Global Knowledge up 11 % , Content and