two thank and to On us. for you afternoon Good call, all plan I key Chad. Thanks, cover joining today's areas.
to I'll including what some then marketplace outlook. provide And financial and our share second, fiscal turn and a well. I over I'll cover are which the First, detail, priorities financial of trending then the perspective value. some discussion on year shareholder creating in call our Rich results for our financial strategic to our full XXXX highlights, commentary on will seeing business we're in
bookings Full and a And business. adjusted last continuing million, year line with ended that transactional segment and operating operations throughout was I'm EBITDA with million, business. we're performance. were financial from progress was results in proud we pro of million exited and profitable team pleased the shared sector. stabilize ILT our and we expectations $XXX our measurable how on GAAP with improved the responded with most Skillsoft the We call. of GAAP businesses fiscal margin XX% $XXX environment macro representing dynamic to proud the revenue to quickly and grow our I'm adapted a as solid work stronger $XXX that our million, of revenue one our XXXX I'm we execution, forma of especially year was commitments we delivered $XXX revenue. you in Content
the our Reflecting we the Codecademy in leadership in portfolio the has helped in us a some total taking fiscal higher on with establish public company, a acquisition, are focus better for training newly the skills underlying our the sector. believe we to Skillsoft. technical transformative year year XXXX market, year team, our a future. new establish completing for clearly tech in acquired to foundational skilling, enterprise acquisition share and not as first positioning dev business after our executive we position and year, has on was learning Early One growth leadership full changed. a and thesis leading Codecademy The and position a divested
expected We as has taken acquisition Codecademy leader. industry preserve early methodical we've of in are an days a still approach made in to what fully value realizing the order the
growing with the exited QX. in Codecademy, for we year the momentum I'm XX%% XX% full encouraged year bookings good and that at
large a leading number During and world's the retailer, pharmaceutical the and Fortune including enterprise had healthcare defense of company. XX specialty notable and of Fortune quarter, electronics a Codecademy, with contractor, one companies, wins a XX pharmaceutical largest we a
from wins leaders with sectors. the cloud services technology, global the in hybrid at and intelligence retail in market and year earlier artificial in Joining technology a leader other and
the coming opportunity for a growth be year. larger are potential to the business of to a in about healthy contributor pipeline excited and the have We
The shared. Turning business, dev to our reported X%, environment. macro the up year backdrop year last the a compliance here vastly and the tech and which Skillsoft nature, across bookings Content was and Codecademy growth portfolio. X% in is primarily broad Full subscription from based leadership includes just our segment, results I of in tougher against and grew we
had for skills demand competitive as also offering coaching strong than where to driven full as efforts good soft well our enterprise in doubled, more coaching sell our into highly We underlying our base. cross customer year this and traction market particularly business by ongoing bookings development,
demonstrable points and Across we're strategic and fostering rates. that the our satisfaction segment, growth retention proof seeing customer improved focus Skillsoft investments are higher
training dollar and DRR year. consolidated important improve XX% continue Our forward. XXX% for tempered were be two ILT last But approximately fiscal going our continue by structure will to ILT metric up bookings for fiscal the XX% this or retention XXXX business. and and we prior QX. in approximately growth XX% our led rate results were to what on we or calls, in fiscal believe was we down from And driver shared with Consistent sequentially. global our knowledge up down XXXX,
In in As of to of partners, Based the focus, including blended we continue relevant visibility of training valuable discussions on largest manager into as and important the to a reminder, be part In businesses new general business, subsidies dedicated our ILT learning and strengthen large partners. to attributed stability technology resources. together and this and critical reductions to of context, improved the ILT a we customer prospects, appointment expertise a is to led customers, that business. source our number subscription realignment instructor domain brought our the industry year-over-year conviction from offering. a and of a integrate modality continue leading a we primarily have steps, decline that Which and with account sales. to have can order offerings differentiation took with deep
the in While the seeking half year. the last relative to stability maintain business brought second we of to
Let me year. time highlights spend other now from some covering the
organizations of unlock the ambition market I customers work enterprise could potential on differentiated joined solutions their transform as because and we workforces, one capabilities. of my for the future Our the belief and in learning their leader and suite with by deliver industry's innovative a building enabled to assets this of Skillsoft CEO to most helping that of our prepare people.
Over M&A year, organic potential. past and have strides important to both unlock investment, through this we the made
through fiscal three lens customers' and will together and investment experiences. to through delivering across XXXX propel grow learning efforts transformative focused to is key that consistently our content, You on market. we our people we and platform needs focus organizations the recall to in purpose go this And applied of our
and our On of we and now side, including delivers mentoring, and the ensuring micro courses more more coaching than continually refreshed, deepened, hands localized, This access for learning, content boot and learners modalities, collection that XX employers content that alike. effective and videos, have million on led building to live content robust their learners and engaging than measurable training, relevant expert have led camps. capability instructor outcomes skills XXX,XXX and is enhanced, and
us content sets apart a as position a than our content market winning approach to our content in the a us the of believe portfolio customers. allows rather that manner simply original We of and producer eyes award aggregator in differentiated
DevOps, in assets for and cloud learning robust with portfolio further science code languages. journeys invest journey. coaches skills skills to our areas our we added of content journeys assessments learning featuring competitive end based conduct release We a embedded blended extend business cloud an launched libraries pedagogy engaging and DEI learning global released refreshed and In in Our nearly XX optimized fourth of the based (ph), end across aspire interlace and content Skillsoft courses XX,XXX to key X,XXX program to business and advantage. and added skills leaders, enhancing developed more new in than technology topics, paths and to titles evidence facilitate certification career like offerings, the growing our to with than continued with in and a quarter, Azure] immersive learning more [in launched its new new
enhancements certifications exercises, features on career careers, of development. Codecademy helps Codecademy that the a including Pro, We And entry technology for also learners we online real and gain and time skills to a for product new necessary coding upskilling product announced upgraded Codecademy launched subscription Plus, advice. product focused with our recently We professional level the continuous exams number suite. career
Percipio. Our through accessible is Skillsoft content
Our learner driven customer industry is centric leading both AI and platform that focused.
and shows engagement are experience improve and underlying to investments and a robust R&D believe advancing user our portfolio renewal its enablers retention to central growth our technology learner We key high and rates. Our and customer satisfaction, growth. are data progress
contextualized and provide more experience. Skillsoft the experience a guided homepage we On learner to front, new launched a Percipio
customers upskilling Our to encouraging and learning, employees their and utilize platform for our reskilling. promoting are continuous
consumption increase in leadership the While to in to skills workplace. Skillsoft, achievements year, cloud skills skills, platform. nearly security badges for earned learners a want unique the which also and enhanced In prior is brand. and to while incentivized, driving an customer to In such employer XX% are showcase experience channels, and employers and around via allow a year. recognized, our on increase social hours media new able technical that security, more Leaners their Skillsoft badges, past or we building XX fundamentals whether DEI for and through [OASP] API customers development the earned building and from in from share and response them promoting a their trust to as employer badges have (ph), to demand, to be more they've specific upgraded appreciated learner the content workforce, benefit learning million with their communication, and recently XX% configure allows our customize
and federal address we our the U.S. the we worldwide. to through platform in engagements the been to XX ICF comprehensive a e-learning languages, security became to offering focus capability market. FedRAMP of and the Percipio platform We now Federal coaches. ours language coaching in the also integrated the our learners here government their skills, More underscoring challenges deploy authorization, and recently, positioning critical countries by with allowing additional offering year, Skillsoft ability needs In Localization recently achieved first gaps FedRAMP Percipio, our arcaded of strengthening as expert more caption of Skillsoft serve agencies. XXX than of our authorization automating enhanced it to last digital an learning within coaching receive the for has to agencies us one March most to language closed into it native be serve customers translation of serve key
of is Another focus area generative AI.
and is we focus forward both AI sharing underway Across this Importantly, AI look no many months. is that you the means with content in and our generative DNA, to and new coming part ChatGPT by we us. have to platform, of initiatives
videos we're transformative one of and interest of facilitate brief and and some is everyone, we business center of analyze and this the about search than GPT side, want in model learning I the and topic And for content results. searchability XX,XXX the how to it a a more across generate for experiences utilized and our our example share library, Given to AI on front compelling accurate improving relevance context the increasing leveraging content outcomes. X to descriptions transcripts thereby
this and in would to a with were a button. As By you we AI, of can X, undertaking. time be GPT imagine, without effect labor do leveraging the able intensive this push
loaner with much GPT our the potentially science programming of of foundation begun perspective, see alongside natural generative library, deep courses we a AI have we've effectively to to cloud, business From important come. tech this had content growth fifth add source learning cyber, learning, new including in areas and a as and We and More recently, more in dev our machine processing. and learning, as large in long a AI and such data pillar future. language a in
experiences the forefront were recognized providing by Annual Artificial Skillsoft and Business who In Percipio. efforts Intelligence and apply Group's for Intelligence bring AI learning the solve these the Excellence world we past problems. organizations, at recognizes transformative to are of On it real side, life AI driven month, be to which we to Awards, through products, proud XXXX platform people
assessment filtering Meta’s based search on uses such using each leverages [Distill AI learning skills GPT to profile, their search discovery and models and also and feed Reberta] content improve to collaborative learning platform AI personalized models, forward and BERT, behavior, It user role. Our AI (ph), as Google's X. relevance for activity,
And the since important in our learners, benefit be leader owns platform, that industry much leading believe ultimately Skillsoft we and shareholders. content in our well technology line uniquely our to and both have our utilizes We AI we driven customers, are this of product for area. this a positioned
content are and our agenda. our and innovation, in to growth platform leadership investments foundational The market
highest DRR portfolio learner this and are portfolio In a forward customers an learning, are higher skills which addition translating gaps and In regard, strengthening profile We these continuing customer in the one industry that to addressing driving helps market effective satisfaction, the providers. to corporate to more stronger remain as investments differentiated thinking and among learning position our creating enterprise are learning time leader workforce. C talent the their our for performance. when most analysts committed a also Skillsoft and as product important transform Suite. and and of are the into priorities recognizing innovative At enhance
Group, meaningful in from in third critical Research analysts in the past development. immersive and few Research IDC learning months to that providing party Research Skillsoft’s providing Fosway constellation validation are research, end Aragon end lead solutions skills
providers capabilities AI online, hands our other positions and value broad market. have a space. recognized way the modalities portfolio imperative. All as a greater from content and a to coaching, as extensive of the analysts where share our our enterprise and people mentoring in This learning, shine is professional us of offering leader on customers of building use driven added services including of us platform skill win these particularly us apart set We learn the large strategic for designed with
of in inorganic our year deal multimillion win competitive over us year with integration by including and investments services world's infrastructure The deal powered and IT three with leader, fintech latter largest and new market with and a two of Europe's XX to technology this the global which another enabled companies. telecommunications the deal backs. one last months a win area, one dollar Our a has organic important largest technology providers of strength three accounts, were
sales and go including compensation territories, course enablement to and bench leadership executives Throughout models we adding forces. plans success a sales into coverage of fiscal deeper realigning transformation, a XXXX, recruiting customer multiyear of XXXX and restructuring the and executed roles, proven market
be continuing go term. growth process. changes to the the selling we we once a conviction enable consultative Although behind in enterprise these we longer consultative increasingly disruptive focused on support sales undertook this anticipated our our would it team transformation in are foundational an in this with us, term, near could motion With to better that would largely market now work accelerate to believe completed, engage that based portfolio we
want the market year on touch our I priorities topic the last The drop backed is ahead. for to broader and
as out are certainly gen IPO in time the learning that true fiscal the a leader pipeline exited now about in fiscal go have We business of and enterprise commentary for our late. ahead. and momentum cautious XXXX investors grown has in we Sitting to good activity strength and outlooks strategy we months relevant of industry the laid here our platform, through market. mindful feel demand with build two We to grown original year remains and content, nicely at healthy the and more that into new the year-over-year. Thematically, year, a
tailwinds. are and and of structural best recurring investor SaaS light for strategy of dev, growing capabilities in business operational investment base lens, growth enterprise and content that a culture strengthen a believe by believe an Our with breed assets extension customer win thesis we underpinned a be foundation our of I learning. and to strategic enterprise profitability. various market revenue across and an platform to leads large lead build capital and highly this and transformation, collection priorities An a more compelling, continues with tech workforce an the based and our leadership From market modalities room scalable, and model valuable penetration, of
that to and is profitable Our on and are the our committed creating within delivering remain to shareholder we entire growth value. things control execution team devoted
some results Rich then back the now I'll comments. to with closing financial turn I'll to that, be over call With cover and brief our
