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he recent murder of United Healthcare CEO has shocked the nation, but former adult film star has drawn widespread condemnation for her insensitive response to the tragedy. 50, was gunned down outside a hotel in midtown Manhattan on Wednesday morning in what authorities believe was a targeted attack. He was pronounced dead after being shot multiple times. was a calculated act of violence. Police believe the assailant, who remains on the run, had been lying in wait before approaching Thompson from behind and shooting him in the back and calf as he walked to his hotel. NYPD stated the official declaration of the incident. "This does not appear to be a random act of violence," stated. The shocking nature of the crime has left many mourning the loss of a respected business leader. However, in a deeply controversial turn, took to social media with a post that many found grotesque and callous. Khalifa's response was considered disrespectful Just hours after the shooting, posted a message on Twitter that sparked outrage among many online. "11 years ago, I worked for an insurance defense law firm, and I can wholeheartedly confirm that United Healthcare CEO deserved to bleed out in the cold street," posted. Her comment, which appeared to celebrate the death of , drew sharp criticism. Despite the healthcare industry often facing scrutiny, no one deserves to be murdered on the street. , especially coming so soon after the tragic event, were widely viewed as inappropriate and cruel. starkly contrast with the mourning and respect shown by those who knew sparking a larger conversation about the limits of free speech and empathy on social media. Her inflammatory post has left many questioning whether some lines should never be crossed, even in the face of personal grievances.Peter Navarro served prison time related to Jan. 6. Now Trump is bringing him back as an adviser

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Man City stumble again while Arsenal and Bayern Munich earn dominant winsBut it is not the largest prize a person has won in this country. Here are the 10 biggest UK lottery winners – all from EuroMillions draws – and what some of them did with their fortunes. – Anonymous, £195,707,000 A UK ticket-holder scooped the record EuroMillions jackpot of £195 million on July 19 2022 – the biggest National Lottery win of all time. – Joe and Jess Thwaite, £184,262,899.10 Joe and Jess Thwaite, from Gloucester, scooped a then record-breaking £184,262,899 with a Lucky Dip ticket for the draw on May 10 2022. At the time, Joe was a communications sales engineer, and Jess ran a hairdressing salon with her sister. – Unclaimed ticket holder, £177 million Tuesday’s winner is wealthier than former One Direction member Harry Styles and heavyweight boxer Anthony Joshua, who are both worth £175 million, according to the latest Sunday Times Rich List. Players have been urged to check their tickets to see if they can claim the prize. – Anonymous, £170,221,000 The fourth biggest winner of the National Lottery to date scooped £170 million in October 2019, after matching all the numbers in a Must Be Won draw. – Colin and Chris Weir, £161,653,000 Colin and Chris Weir, from Largs, North Ayrshire, bagged their historic winnings in July 2011, making them the biggest UK winners at the time. Colin used £2.5 million of his fortune to invest in his beloved Partick Thistle Football Club, which led to one of the stands at the stadium being named after him. He later acquired a 55% shareholding in the club, which was to be passed into the hands of the local community upon his death. He died in December 2019, aged 71. The couple also set up the Weir Charitable Trust in 2013 and donated £1 million to the Scottish independence referendum in 2014. They divorced in the same year as Colin’s death. – Adrian and Gillian Bayford, £148,656,000 Adrian and Gillian won 190 million euros in a EuroMillions draw in August 2012, which came to just over £148 million. The couple bought a Grade II listed estate in Cambridgeshire, complete with cinema and billiards room, but it was sold in 2021, some years after the pair divorced, as reported by The Mirror. – Anonymous, £123,458,008 The seventh biggest National Lottery winner won a Superdraw rollover jackpot in June 2019, and decided not to go public with their success. – Anonymous, £122,550,350 After nine rollovers, one lucky anonymous ticket-holder bagged more than £122 million in April 2021. – Anonymous, £121,328,187 Another of the UK’s top 10 lottery winners found their fortune through a Superdraw jackpot rollover, this time in April 2018. – Frances and Patrick Connolly, £114,969,775 Former social worker and teacher Frances set up two charitable foundations after she and her husband won almost £115 million on New Year’s Day 2019. She estimates that she has already given away £60 million to charitable causes, as well as friends and family. She considers helping others to be an addiction, saying: “It gives you a buzz and it’s addictive. I’m addicted to it now.”

Two students wounded and gunman dead after shooting at Northern California elementary schoolCHRISTMAS may just be around the corner but the cold weather is set to stay for at least another couple of months. And if you want to keep warm without spending a tonne on your energy bills then you better keep reading. Adding layers to your clothes can help keep you warm, and doing it with thermals will ensure you stay toasty. Thankfully, Uniqlo has come to the rescue with their thermal tops which come in size colours - white, black, olive, pink , navy and cream. Not only have they been rated an average of five stars by happy customers they are also on sale. The Japanese high street brand has slashed the price of its popular thermal fleece top from £19.90 down to £14.90. READ MORE ON FASHION It is designed with technology to lock heat in, so it's ideal for wearing as a layering piece, or alone as a long-sleeved top. The sizing range is very inclusive going from a XXS to an XXL to suit any body shape. Plus, as stated the thermals are currently on sale through their online shop but you better be quick. The sale will end tonight so it's worth stocking up on the winter warmers now. Most read in Fabulous Those who have bought the thermals have raved about how cosy they are in the reviews - giving the tops an average five stars out of five. One person wrote: "This item was definitely my favourite purchase this winter. "It's amazing to wear as a layer and keeps me really warm during the coldest winter nights, even while I'm outside for a long period of time, it really encapsulates the warmth. Would highly recommend!" Another commented: "'This thermal keeps me so warm, especially when I am on my bike. I wear it underneath jumpers and with a light jacket on top and it’s perfect.'' "This crew neck shirt is just perfect for winter, it will keep you warm and it’s not bulky if you wear if underneath your outfit!" penned a third. Meanwhile a fourth said: "Loose but not oversized. Warm and very soft. Extremely comfortable to wear." Thermal clothing keeps you warm by trapping air near your body and preventing heat loss. It's made from materials like polyester, merino wool, fleece, or down that are good at insulating and wicking away moisture. Trapping air The fabric creates a layer of insulation by trapping air, which is a poor conductor of heat. This prevents heat from escaping through conduction, convection, and radiation. Wicking away moisture Thermal clothing is breathable and absorbs sweat from your skin, which helps prevent you from getting damp and cold. Regulating body temperature Thermal clothing keeps you warm in cold weather, but it's also breathable enough to prevent overheating during physical activity. Design features Some thermal clothing has panels or zones that provide extra warmth to areas like your chest, back, and knees "Keeps you warm and top quality. We want to have it in several colours,” claimed a fifth. Someone else added: “So fluffy, soft and comfy, great quality and very very warm. Perfect for layering." Fabulous will pay for your exclusive stories. Just email: fabulousdigital@the-sun.co.uk and pop EXCLUSIVE in the subject line .WASHINGTON (AP) — Matt Gaetz withdrew Thursday as President-elect Donald Trump's pick for attorney general amid continued fallout over a federal sex trafficking investigation that cast doubt on his ability to be confirmed as the nation's chief federal law enforcement officer. The announcement averts what was shaping up to be a pitched confirmation fight that would have tested how far Senate Republicans were willing to go to support Trump's Cabinet picks. It represents a setback in Trump's efforts to install fierce loyalists in his administration and is the first indication of the resistance the incoming president could face within his own party to picks with checkered backgrounds. “While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition,” Gaetz, a Florida Republican who one day earlier met with senators in an effort to win their support for confirmation to lead the Justice Department. “There is no time to waste on a needlessly protracted Washington scuffle, thus I'll be withdrawing my name from consideration to serve as Attorney General. Trump's DOJ must be in place and ready on Day 1,” he added. Trump, in a social media post, said: “I greatly appreciate the recent efforts of Matt Gaetz in seeking approval to be Attorney General. He was doing very well but, at the same time, did not want to be a distraction for the Administration, for which he has much respect. Matt has a wonderful future, and I look forward to watching all of the great things he will do!” Follow The Gleaner on X, formerly Twitter, and Instagram @JamaicaGleaner and on Facebook @GleanerJamaica. Send us a message on WhatsApp at 1-876-499-0169 or email us at onlinefeedback@gleanerjm.com or editors@gleanerjm.com .

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Ratings for Samsara IOT were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 3 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 2 0 0 2M Ago 1 0 1 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $53.4, a high estimate of $63.00, and a low estimate of $46.00. Witnessing a positive shift, the current average has risen by 24.19% from the previous average price target of $43.00. Exploring Analyst Ratings: An In-Depth Overview The standing of Samsara among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Mark Schappel Loop Capital Raises Buy $63.00 $46.00 Keith Weiss Morgan Stanley Raises Equal-Weight $52.00 $40.00 Joel Fishbein Truist Securities Raises Hold $50.00 $40.00 J. Derrick Wood TD Cowen Raises Buy $56.00 $46.00 Andrew DeGasperi Exane BNP Paribas Announces Neutral $46.00 - Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Samsara. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Samsara compared to the broader market. Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance. Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Samsara's market position. Stay informed and make well-informed decisions with our Ratings Table. Stay up to date on Samsara analyst ratings. Unveiling the Story Behind Samsara Samsara Inc provides an end-to-end solution for operations: The solution connects physical operations data to the Connected Operations Cloud, which consists of the Data Platform and Application. Geographically, it derives a majority of its revenue from the United States. Understanding the Numbers: Samsara's Finances Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale. Revenue Growth: Samsara's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 36.92% . This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector. Net Margin: Samsara's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -16.53%, the company may face hurdles in effective cost management. Return on Equity (ROE): Samsara's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -5.25%, the company may face hurdles in achieving optimal financial returns. Return on Assets (ROA): Samsara's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -2.77%, the company may face hurdles in generating optimal returns from its assets. Debt Management: Samsara's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09 . How Are Analyst Ratings Determined? Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are. Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update. Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error. Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

BOSTON--(BUSINESS WIRE)--Dec 10, 2024-- Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced its financial results for the third quarter of fiscal 2025 ended October 31, 2024. Fiscal 2025 Third Quarter Select Metrics and Financials from Continuing Operations (1)(2) “Our fiscal third quarter financial results demonstrate our first step in executing our transformation strategy,” said Ron Hovsepian, Skillsoft’s Executive Chair and Chief Executive Officer. “The operationalization of our strategy is showing the first signs of business and financial improvement for our shareholders and customers.” Fiscal 2025 Third Quarter Business Highlights “I am pleased with our financial results for the quarter, which are highlighted by strong revenue execution, improved profitability, and positive free cash flow,” said Rich Walker, Skillsoft’s Chief Financial Officer. “Our third quarter performance, coupled with momentum from our transformation execution, gives us confidence to raise and tighten our FY25 revenue guidance range, while reaffirming our adjusted EBITDA outlook.” Full-Year Fiscal 2025 Financial Outlook (2) The following table reflects Skillsoft’s updated financial outlook for the fiscal year ending January 31, 2025, based on current market conditions, expectations, and assumptions: GAAP Revenue $520 million – $530 million Adjusted EBITDA $105 million – $110 million (1) Growth calculated relative to the comparable prior year period unless otherwise noted. (2) See “Non-GAAP Financial Measures and Key Performance Metrics” below for the definitions of our key operational and non-GAAP metrics and how they are calculated and more information regarding the fact that the Company is unable to reconcile forward-looking non-GAAP measures without unreasonable efforts. We have provided at the back of this release reconciliations of our historical non-GAAP financial measures to the comparable GAAP measures. Webcast and Conference Call Information Skillsoft will host a conference call and webcast today at 5:00 p.m. Eastern Time to discuss its financial results. To access the call, dial (877) 413‐9278 from the United States and Canada or (215) 268‐9914 from international locations. The live event can be accessed from the Investor Relations section of Skillsoft’s website at investor.skillsoft.com . A replay will be available for six months. About Skillsoft Skillsoft delivers transformative learning experiences that propel organizations and people to grow together. The Company partners with enterprise organizations and serves a global community of learners to prepare today’s employees for tomorrow’s economy. With Skillsoft, customers gain access to blended, multimodal learning experiences that do more than build skills, they grow a more capable, adaptive, and engaged workforce. Through a portfolio of high-quality content, an AI-enabled platform that is personalized and connected to customer needs, and a broad ecosystem of partners, Skillsoft drives continuous growth and performance for employees and their organizations by overcoming critical skills gaps, unlocking human potential, and transforming the workforce. Learn more at www.skillsoft.com . Non-GAAP Financial Measures and Key Performance Metrics The Company has organized its business into two segments (or Business Units): Talent Development Solutions (formerly referred to as Content & Platform) and Global Knowledge (formerly referred to as Instructor-Led Training). We track the non-GAAP financial measures and key performance metrics that we believe are key financial measures of our success. Non-GAAP measures and key performance metrics are frequently used by securities analysts, investors, and other interested parties in their evaluation of companies comparable to us, many of which present non-GAAP measures and key performance metrics when reporting their results. These measures can be useful in evaluating our performance against our peer companies because we believe the measures provide users with valuable insight into key components of U.S. GAAP financial disclosures. For example, a company with higher U.S. GAAP net income may not be as appealing to investors if its net income is more heavily comprised of gains on asset sales. Likewise, excluding the effects of interest income and expense moderates the impact of a company’s capital structure on its performance. However, non-GAAP measures and key performance metrics have limitations as analytical tools. Because not all companies use identical calculations, our presentation of non-GAAP financial measures and key performance metrics may not be comparable to other similarly titled measures of other companies. They are not presentations made in accordance with U.S. GAAP, are not measures of financial condition or liquidity, and should not be considered as an alternative to profit or loss for the period determined in accordance with U.S. GAAP or operating cash flows determined in accordance with U.S. GAAP. As a result, these performance measures should not be considered in isolation from, or as a substitute analysis for, results of operations as determined in accordance with U.S. GAAP. We have provided at the back of this press release reconciliations of our historical non-GAAP financial measures to the comparable GAAP measures. We do not reconcile our forward-looking non-GAAP financial measures to the corresponding U.S. GAAP measures, due to variability and difficulty in making accurate forecasts and projections and/or certain information not being ascertainable or accessible; and because not all of the information necessary for a quantitative reconciliation of these forward-looking non-GAAP financial measures to the most directly comparable U.S. GAAP financial measure is available to us without unreasonable efforts. For the same reasons, we are unable to address the probable significance of the unavailable information. We provide non-GAAP financial measures that we believe will be achieved, however we cannot accurately predict all of the components of the non-GAAP calculations and the U.S. GAAP measures may be materially different than the non-GAAP measures. We disclose the below non-GAAP financial measures and key performance metrics in this press release because we believe these non-GAAP financial measures and key performance metrics provide meaningful supplemental information. Dollar retention rate ( “ DRR ” ) - For existing customers at the beginning of a given period, DRR represents subscription renewals, upgrades, churn, and downgrades in such period divided by the beginning total renewable base for such customers for such period. Renewals reflect customers who renew their subscription, inclusive of auto-renewals for multi-year contracts, while churn reflects customers who choose to not renew their subscription. Upgrades include orders from customers that purchase additional licenses or content (e.g., a new Leadership and Business module), while downgrades reflect customers electing to decrease the number of licenses or reduce the size of their content package. Upgrades and downgrades also reflect changes in pricing. We use our DRR to measure the long-term value of customer contracts as well as our ability to retain and expand the revenue generated from our existing customers. Adjusted net income (loss) - Adjusted net income (loss) is defined as GAAP net income (loss) excluding non-cash items, discrete and event-specific costs that do not represent normal, recurring, cash operating expenses necessary for our business operations, and certain accounting income and/or expenses that management believes are necessary to enhance the comparability and are useful in assessing our operating performance, include the following (including the related tax effects): Adjusted EBITDA - Adjusted EBITDA is defined as adjusted net income (loss) excluding interest expense or income, benefit from or provision for income taxes, depreciation and amortization expense. Adjusted operating expenses – Adjusted operating expenses are defined as GAAP costs of revenues, content and software development, selling and marketing, and general and administrative expenses, excluding depreciation expense, long-term incentive compensation expense, system migration costs, transformation costs, and other non-cash charges, as applicable. Adjusted gross margin – Adjusted gross margin is defined as GAAP revenue less GAAP cost of revenues, excluding long-term incentive compensation expense and depreciation expense, divided by GAAP revenue for the same period. Adjusted contribution margin – Adjusted contribution margin is defined as GAAP revenue less adjusted operating expenses, divided by GAAP revenue for the same period. Free cash flow – Free cash flow is defined as GAAP net cash provided by (used in) operating activities less purchases of property and equipment and internally developed software. Adjusted free cash flow (levered) – Adjusted free cash flow (levered) is defined as free cash flow plus the cash impact for adjusted EBITDA excluded charges. Free cash flow conversion – Free cash flow conversion is defined as free cash flow divided by adjusted EBITDA for the same period. Net leverage – Net leverage is defined as current maturities of long-term debt, plus borrowings under accounts receivable facility, plus long-term debt, less cash and equivalents and restricted cash, divided by adjusted EBITDA for the preceding twelve-month period. Reclassifications Certain amounts reported in prior years have been reclassified to conform to the presentation in the current year. These reclassifications had no effect on total assets, total liabilities, total stockholders' equity, or net income (loss) for the prior year. Cautionary Notes Regarding Forward Looking Statements This document includes statements that are, or may be deemed to be, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws. All statements, other than statements of historical facts, that address activities, events or developments that we expect or anticipate may occur in the future, including such things as our outlook (including revenue, non-GAAP EBITDA, and free cash flow), our product development and planning, our sales pipeline, future capital expenditures, share repurchases, financial results, the impact of regulatory changes, existing and evolving business strategies and acquisitions and dispositions, demand for our services, competitive strengths, the benefits of new initiatives, growth of our business and operations, and our ability to successfully implement our plans, strategies, objectives, expectations and intentions are forward-looking statements. Also, when we use words such as “may”, “will”, “would”, “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, “project”, “forecast”, “seek”, “outlook”, “target”, “goal”, “probably”, or similar expressions, we are making forward-looking statements. Such statements are based upon the current beliefs and expectations of Skillsoft’s management and are subject to significant risks and uncertainties. All forward-looking disclosure is speculative by its nature, and we caution you against unduly relying on these forward-looking statements. Factors that could cause or contribute to such differences include those described under “Part I - Item 1A. Risk Factors” in our Form 10‐K for the fiscal year ended January 31, 2024. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements included in our other periodic filings with the Securities and Exchange Commission. The forward-looking statements contained in this document represent our estimates only as of the date of this filing and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements in the future, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements, or otherwise. Although we believe that the assumptions underlying our forward-looking statements are reasonable, any of these assumptions, and therefore also the forward-looking statements based on these assumptions, could themselves prove to be inaccurate. Given the significant uncertainties inherent in the forward-looking statements included in this document, our inclusion of this information is not a representation or guarantee by us that our objectives and plans will be achieved. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Additionally, statements as to market share, industry data and our market position are based on the most current data available to us and our estimates regarding market position or other industry data included in this document or otherwise discussed by us involve risks and uncertainties and are subject to change based on various factors, including as set forth above. SKILLSOFT CORP. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except number of shares and per share amounts) October 31, 2024 January 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 97,921 $ 136,308 Restricted cash 3,881 10,215 Accounts receivable, net of allowance for credit losses of approximately $558 and $562 as of October 31, 2024 and January 31, 2024, respectively 102,498 185,638 Prepaid expenses and other current assets 55,834 53,170 Total current assets 260,134 385,331 Property and equipment, net 3,543 6,639 Goodwill 317,071 317,071 Intangible assets, net 456,692 539,293 Right of use assets 5,054 8,044 Other assets 11,037 17,256 Total assets $ 1,053,531 $ 1,273,634 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current maturities of long-term debt $ 6,404 $ 6,404 Borrowings under accounts receivable facility 10,009 44,980 Accounts payable 21,159 14,512 Accrued compensation 28,325 31,774 Accrued expenses and other current liabilities 22,370 29,939 Lease liabilities 2,088 3,049 Deferred revenue 203,646 282,570 Total current liabilities 294,001 413,228 Long-term debt 574,312 577,487 Deferred tax liabilities 44,099 52,148 Long-term lease liabilities 6,839 9,251 Deferred revenue - non-current 1,823 2,402 Other long-term liabilities 11,977 13,531 Total long-term liabilities 639,050 654,819 Commitments and contingencies Shareholders’ equity: Shareholders’ common stock - Class A common shares, $0.0001 par value: 18,750,000 shares authorized and 8,576,683 shares issued and 8,276,906 shares outstanding at October 31, 2024, and 8,380,436 shares issued and 8,080,659 shares outstanding at January 31, 2024 1 1 Additional paid-in capital 1,559,547 1,551,005 Accumulated equity (deficit) (1,412,279 ) (1,321,478 ) Treasury stock, at cost - 299,777 shares as of October 31, 2024 and January 31, 2024 (10,891 ) (10,891 ) Accumulated other comprehensive income (loss) (15,898 ) (13,050 ) Total shareholders’ equity 120,480 205,587 Total liabilities and shareholders’ equity $ 1,053,531 $ 1,273,634 SKILLSOFT CORP. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenues: Total revenues $ 137,225 $ 138,956 $ 397,241 $ 415,697 Operating expenses: Costs of revenues 34,312 36,407 101,254 114,698 Content and software development 14,937 16,126 45,436 51,024 Selling and marketing 39,615 43,983 122,591 130,321 General and administrative 21,686 22,308 66,390 72,689 Amortization of intangible assets 31,826 38,620 95,197 116,086 Acquisition and integration related costs 931 510 3,349 2,838 Restructuring 3,095 873 15,361 8,592 Total operating expenses 146,402 158,827 449,578 496,248 Operating income (loss) (9,177 ) (19,871 ) (52,337 ) (80,551 ) Other income (expense), net (538 ) 19 1,261 (1,290 ) Fair value adjustment of warrants — 1,105 — 4,750 Fair value adjustment of interest rate swaps (822 ) 3,981 418 11,186 Interest income 924 1,060 2,897 2,576 Interest expense (15,845 ) (16,492 ) (48,538 ) (48,683 ) Income (loss) before provision for (benefit from) income taxes (25,458 ) (30,198 ) (96,299 ) (112,012 ) Provision for (benefit from) income taxes (1,859 ) (2,462 ) (5,498 ) (8,735 ) Income (loss) from continuing operations (23,599 ) (27,736 ) (90,801 ) (103,277 ) Gain (loss) on sale of business — — — (682 ) Net income (loss) $ (23,599 ) $ (27,736 ) $ (90,801 ) $ (103,959 ) Net income (loss) per share: Basic and diluted - continuing operations $ (2.86 ) $ (3.45 ) $ (11.11 ) $ (12.84 ) Basic and diluted - discontinued operations — — — (0.08 ) Basic and diluted $ (2.86 ) $ (3.45 ) $ (11.11 ) $ (12.92 ) Weighted average common shares outstanding: Basic and diluted 8,239,564 8,047,497 8,170,344 8,043,712 SKILLSOFT CORP. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Nine Months Ended October 31, 2024 October 31, 2023 Cash flows from operating activities: Net income (loss) $ (90,801 ) $ (103,959 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Amortization of intangible assets 95,197 116,086 Stock-based compensation 9,985 22,917 Depreciation 2,404 2,629 Non-cash interest expense 1,628 1,546 Non-cash property, equipment, software and lease impairment charges 2,495 4,265 Provision for credit loss expense (recovery) (4 ) 205 (Gain) loss on sale of business — 682 Provision for (benefit from) deferred income taxes – non-cash (8,080 ) (10,270 ) Fair value adjustment of warrants — (4,750 ) Fair value adjustment of interest rate swaps (418 ) (11,186 ) Change in assets and liabilities: Accounts receivable 82,877 70,645 Prepaid expenses and other assets, including long-term 4,258 2,726 Right-of-use assets 1,632 2,184 Accounts payable 6,693 (3,283 ) Accrued expenses and other liabilities, including long-term (12,819 ) (20,820 ) Lease liabilities (3,387 ) (3,048 ) Deferred revenues (79,446 ) (75,250 ) Net cash provided by (used in) operating activities 12,214 (8,681 ) Cash flows from investing activities: Purchase of property and equipment (820 ) (3,753 ) Proceeds from sale of property and equipment 10 — Internally developed software - capitalized costs (13,018 ) (8,055 ) Sale of SumTotal, net of cash transferred — (5,137 ) Net cash provided by (used in) investing activities (13,828 ) (16,945 ) Cash flows from financing activities: Shares repurchased for tax withholding upon vesting of restricted stock-based awards (1,052 ) (1,441 ) Payments to acquire treasury stock — (8,046 ) Proceeds from (payments on) accounts receivable facility (34,971 ) 793 Principal payments on term loans (4,803 ) (4,803 ) Net cash provided by (used in) financing activities (40,826 ) (13,497 ) Effect of exchange rate changes on cash and cash equivalents (2,281 ) (1,674 ) Net increase (decrease) in cash, cash equivalents and restricted cash (44,721 ) (40,797 ) Cash, cash equivalents and restricted cash, beginning of period 146,523 177,556 Cash, cash equivalents and restricted cash, end of period $ 101,802 $ 136,759 Supplemental disclosure of cash flow information: Cash and cash equivalents $ 97,921 $ 129,806 Restricted cash 3,881 6,953 Cash, cash equivalents and restricted cash, end of period $ 101,802 $ 136,759 SKILLSOFT CORP. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (in thousands, unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenues Talent Development Solutions $ 102,998 $ 101,132 $ 302,725 $ 302,893 Global Knowledge 34,227 37,824 94,516 112,804 Total revenues, as reported $ 137,225 $ 138,956 $ 397,241 $ 415,697 Net income (loss), as reported $ (23,599 ) $ (27,736 ) $ (90,801 ) $ (103,959 ) Acquisition and integration related costs 931 510 3,349 2,838 Restructuring 3,095 873 15,361 8,592 Transformation costs 164 1,053 1,351 2,503 System migration costs — 510 118 1,580 Long-term incentive compensation expenses 4,099 7,962 10,438 22,917 Executive exit costs — — 3,326 — Fair value adjustment of warrants — (1,105 ) — (4,750 ) Fair value adjustment of interest rate swaps 822 (3,981 ) (418 ) (11,186 ) Foreign currency impact 524 (181 ) (1,297 ) 1,513 Gain (loss) on sale of business — — — 682 Tax impact of adjustments (1,057 ) (602 ) (3,349 ) (2,921 ) Adjusted net income (loss) from continuing operations (15,021 ) (22,697 ) (61,922 ) (82,191 ) Interest expense, net 14,921 15,432 45,641 46,107 Expense (benefit from) income taxes, excluding tax impacts above (802 ) (1,860 ) (2,149 ) (5,814 ) Depreciation 1,000 266 2,404 2,629 Amortization of intangible assets 31,826 38,620 95,197 116,086 Adjusted EBITDA from continuing operations $ 31,924 $ 29,761 $ 79,171 $ 76,817 Weighted average common shares outstanding: Basic and diluted 8,239,564 8,047,497 8,170,344 8,043,712 Basic and diluted per share information: Net income (loss), as reported $ (2.86 ) $ (3.45 ) $ (11.11 ) (12.92 ) Adjusted net income (loss) from continuing operations $ (1.82 ) $ (2.82 ) $ (7.58 ) $ (10.22 ) Adjusted net income (loss) margin % (10.9 )% (16.4 )% (15.6 )% (19.7 )% Interest expense, net 10.9 % 11.1 % 11.5 % 11.1 % Expense (benefit from) income taxes, excluding tax impacts above (0.6 )% (1.3 )% (0.5 )% (1.4 )% Depreciation 0.7 % 0.2 % 0.6 % 0.6 % Amortization of intangible assets 23.2 % 27.8 % 23.9 % 27.9 % Adjusted EBITDA margin % 23.3 % 21.4 % 19.9 % 18.5 % Adjusted gross margin 75.2 % 73.9 % 74.7 % 72.6 % Adjusted contribution margin 23.3 % 21.4 % 20.0 % 18.5 % SKILLSOFT CORP. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES - continued (in thousands, unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Operating expenses: GAAP costs of revenues $ 34,312 $ 36,407 $ 101,254 $ 114,698 Depreciation (91 ) (80 ) (315 ) (413 ) Long-term incentive compensation expenses (201 ) (128 ) (499 ) (463 ) Adjusted costs of revenues 34,020 36,199 100,440 113,822 GAAP content and software development 14,937 16,126 45,436 51,024 Depreciation (74 ) 22 (218 ) (169 ) Long-term incentive compensation expenses (857 ) (1,575 ) (3,061 ) (5,350 ) System migration — (510 ) (118 ) (1,580 ) Adjusted content and software development 14,006 14,063 42,039 43,925 GAAP selling and marketing 39,615 43,983 122,591 130,321 Depreciation (161 ) (160 ) (531 ) (839 ) Long-term incentive compensation expenses (1,595 ) (1,421 ) (3,648 ) (2,435 ) Transformation — (9 ) (213 ) (251 ) Adjusted selling and marketing 37,859 42,393 118,199 126,796 GAAP general and administrative 21,686 22,308 66,390 72,689 Depreciation (674 ) (48 ) (1,340 ) (1,208 ) Long-term incentive compensation expenses (1,446 ) (4,838 ) (3,230 ) (14,669 ) Transformation (179 ) (882 ) (1,192 ) (2,475 ) Executive exit costs — — (3,326 ) — Adjusted general and administrative 19,387 16,540 57,302 54,337 Total GAAP operating expenses 110,550 118,824 335,671 368,732 Depreciation (1,000 ) (266 ) (2,404 ) (2,629 ) Long-term incentive compensation expenses (4,099 ) (7,962 ) (10,438 ) (22,917 ) System migration — (510 ) (118 ) (1,580 ) Transformation (1) (179 ) (891 ) (1,405 ) (2,726 ) Executive exit costs — — (3,326 ) — Adjusted total operating expenses $ 105,272 $ 109,195 $ 317,980 $ 338,880 (1) This line item does not agree to the amounts reflected on preceding table due to certain transformation expenses not being reflected in GAAP operating expenses. SKILLSOFT CORP. FREE CASH FLOW RECONCILIATION (in thousands) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Free cash flow reconciliation Net cash provided by (used in) operating activities $ 8,717 $ (10,666 ) $ 12,214 $ (8,681 ) Purchase of property and equipment, net (411 ) (347 ) (810 ) (3,753 ) Internally developed software - capitalized costs (4,222 ) (2,104 ) (13,018 ) (8,055 ) Total free cash flow 4,084 (13,117 ) (1,614 ) (20,489 ) Cash impact for adjusted EBITDA excluded charges 10,089 2,306 17,187 10,098 Adjusted free cash flow (levered) $ 14,173 $ (10,811 ) $ 15,573 $ (10,391 ) View source version on businesswire.com : https://www.businesswire.com/news/home/20241210536898/en/ CONTACT: Investors: Ross Collins or Stephen Poe SKIL@alpha-ir.comMedia : Cameron Martin cameron.martin@skillsoft.com KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY SECURITY OTHER TECHNOLOGY SOFTWARE INTERNET CONTINUING TRAINING DATA MANAGEMENT EDUCATION SOURCE: Skillsoft Corp. Copyright Business Wire 2024. PUB: 12/10/2024 04:05 PM/DISC: 12/10/2024 04:04 PM http://www.businesswire.com/news/home/20241210536898/en

Pete Hegseth is “the kind of guy we need leading the Department of Defense,” Rep. Warren Davidson (R-OH) said during an appearance on Breitbart News Daily , contrasting him with President Biden’s Secretary of Defense Lloyd Austin, “who thinks the biggest threat to national security is climate change.” Davidson said part of his role in the confirmation process of President-elect Trump’s nominees is peer pressure and “trying to influence senators that we have relationships with [and] trying to find out who the senators that, you know, have reservations.” As an example, Davidson, a former Army ranger, pointed out that he promoted Pete Hegseth on Wednesday. “He’s the kind of guy we need leading the Department of Defense. ... Pete Hegseth was a combat veteran, led infantry line units in combat, and he’s talked all about how to make the military focused on the combat mission,” Davidson said, contrasting Hegseth with Austin. “And now you’ve got a secretary, Lloyd Austin, who thinks the biggest threat to national security is climate change, who’s walking around talking about a chairman of the joint chiefs, Milley. He’s talking about the big risk of white rage in the military and all kinds of woke agenda, which is why, you know, Biden and Obama picked these kind of guys,” he observed. “And how do you get our military back to a lean, mean fighting machine focused on fighting and winning wars, and then a State Department that could actually say no to some of them. And I think Pete Hegseth checks both of those boxes. Like, yes, if we need to win a war, we’re going to go in and win. But just like Dwight Eisenhower did back in the day in Korea, he said, you know, we don’t have to get involved in every war we’re invited to,” Davidson said. LISTEN: “Let’s wrap this thing up. And I mean, I think that’s the time we’re in right now. We don’t need to create World War III in Ukraine. We don’t need to be dragged into another war in the Middle East unnecessarily. And the best way to do that, as Donald Trump has said, is peace through strength,” he added. Breitbart News Daily airs on SiriusXM Patriot 125 from 6:00 a.m. to 9:00 a.m. Eastern.NoneRep. Claudia Tenney, R-N.Y., joins 'Fox & Friends First' to discuss Democrats' outrage over the Teamsters' refusal to endorse VP Kamala Harris and former President Trump's bid for New York. NBC's digital employee union projected scathing messages onto 30 Rock Wednesday night, blasting company leadership for dragging its feet on a contract. NBC Digital NewsGuild, a collective bargaining unit of the NewsGuild of New York, called out NBC News executives for allegedly "unlawful behavior" by lighting up "breaking news" messages on the company's flagship building in midtown Manhattan, 30 Rock. The NBC Digital NewsGuild represents reporters, editors, designers, video journalists, animators, social media strategists and editorial staff of NBC News Digital, who have been negotiating its first contract since the group unionized in 2019. The projections specifically targeted NBCUniversal News Group Chairman Cesar Conde, as well as NBC News Editorial President Rebecca Blumenstein, Executive Vice President of Programming Janelle Rodriguez, Executive Vice President of News Catherine Kim and Executive Vice President of TODAY and Lifestyle Libby Leist for engaging in tactics that they say have violated labor laws, including layoffs of more than 20 union journalists without bargaining and retaliating against union members for taking part in protected activity. THE RISE OF DIGITAL VOICES, AND COMCAST SPLITTING IN TWO, BRINGS DOOMSDAY PREDICTIONS FOR TRADITIONAL MEDIA Image 1 of 5 next Image 2 of 5 prev next Image 3 of 5 prev next Image 4 of 5 prev next Image 5 of 5 prev "Cesar Conde and his leadership team have a bad habit of breaking the law," Tate James, video editor and union leader, said in a statement to Fox News Digital. "But now he’s dealing with a newsroom full of journalists who are sick and tired of working without a contract and trying to chase their bosses down in court. NBC News executives are obsessed with shareholder value, but they’re disrespecting the workers that create that value in the first place. We deserve a fair contract, and we're not backing down from this fight until we get one," he added. In 2021, the National Labor Relations Board found that NBC had unlawfully withheld more than $350,000 in raises from union journalists, according to a press release shared with Fox News Digital. MSNBC'S FUTURE A ‘BIG CONCERN’ FOR STAFFERS AS COMCAST MOVES TO SEPARATE LIBERAL NETWORK FROM NBCUNIVERSAL Image 1 of 5 next Image 2 of 5 prev next Image 3 of 5 prev next Image 4 of 5 prev next Image 5 of 5 prev "Bosses at @NBCNews keep breaking the law, so we’re back outside 30 Rock to shine a little light on the situation," the NBC Guild posted to X Wednesday night. "Union workers have the right to a steward in investigatory meetings, but @cesarconde_’s management team illegally and inexcusably withheld that right from a member." "This is just the latest in a long line of unacceptable actions by the @NBCNews executive team, but it's not slowing us down. Every day our union grows stronger and more committed to the fight for a fair first contract and respect in the workplace," the post added. CLICK HERE TO GET THE FOX NEWS APP The NewsGuild of New York, Local 31003 of the Communications Workers of America, is a labor union representing nearly 6,000 media professionals and other employees at New York area news organizations, including The New York Times, The New Yorker, Thomson Reuters and ProPublica. Fox News Digital reached out to NBC News for comment but did not immediately receive a response. Kendall Tietz is a writer with Fox News Digital.