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SkillSoft reports Q4 net income of USD15.8m.

Europe Intelligence Wire

| March 12, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Telecom World Wire)

E-learning software provider SkillSoft plc (Nasdaq:SKIL) said on Thursday that its GAAP net income for the fourth quarter of fiscal 2010 was USD15.8m, down from USD18.8m in the same quarter of fiscal 2009.

The most recent quarter's net income includes a tax benefit of approximately USD5.1m from the reduction of SkillSoft's valuation allowance associated with the company's Irish deferred tax assets.

Total …

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