Skillsoft Corp. (NYSE:SKIL) Q3 2023 Earnings Conference Call December 6, 2022 5:00 PM ET
Company Participants
Eric Boyer - Senior Vice President and Head of Investor Relations
Jeff Tarr - Chief Executive Officer
Rich Walker - Chief Financial Officer
Conference Call Participants
Sheldon McMeans - Barclays Bank PLC
Thomas Singlehurst - Citigroup Inc.
Rajiv Sharma - B. Riley Securities, Inc.
Nancy Liu - Oppenheimer & Co.
Robert Simmons - D.A. Davidson & Co.
Arvind Ramnani - Piper Sandler & Co.
Operator
Hello, and welcome to the Skillsoft Third Quarter 2023 Financial Results Conference Call and Webcast. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.
It’s now my pleasure to turn the call over to Eric Boyer, Senior Vice President and Head of Investor Relations. Please go ahead, sir.
Eric Boyer
Good afternoon, and welcome to Skillsoft's third quarter fiscal 2023 earnings call. After the market closed, we issued our Q3 earnings press release and posted supplemental materials to the Skillsoft Investor Relations website.
Today's call will contain forward-looking statements about the Company's business outlook and expectations, including statements concerning financial and business trends, our expected future business and financial performance, financial condition and outlook. These forward-looking statements and all statements that are not historical facts reflect management's beliefs and predictions as of today and therefore are subject to risks and uncertainties that could cause actual results to differ materially from expectations. For a discussion of the material risks and other important factors that could affect our actual results, please refer to the risks described in the Safe Harbor discussion found in the Company's SEC filings.
During the call, we will also discuss certain non-GAAP financial measures, which are not prepared in accordance with Generally Accepted Accounting Principles. GAAP requires accounting periods before and after the merger and leaseback on June 11, 2021 to be separated the predecessor and successor periods to reflect the change in ownership and lack of comparability between periods due to different ownership and investment basis. In addition, Global Knowledge activity is only reflected in the GAAP financial statements after June 11. References on this call to pro forma results referred to our results that have been prepared and presented to reflect historical periods as of Skillsoft, Global Knowledge and Codecademy had merged on February 1, 2021. A reconciliation of the non-GAAP financial measures, including today's commentary and in the supplemental materials to the most directly comparable GAAP financial measures as well as how we define these metrics and other metrics is included in our earnings press release, which has been furnished to the SEC and is also available on our website at www.skillsoft.com.