The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Can we go back to the Global Knowledge decline in revenues year-on-year and sort of the outlook is impacting your guidance. Is this COVID
pandemic related Or is it sort of any economic slowdown here? Or is this just one-off a project that didn't come through? And then if you can give
more color on that. I know you said that industries or geographies were equally impacted? Or -- and also, how are you feeling confident that you
would be able to reverse this Global Knowledge decline? And then I have a couple of more questions.
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Got it. And then going to the Skillsoft part and the Content, was there organic growth? I know that includes 1 month of Codecademy. I wanted to
understand if you were not going to break out the Codecademy revenues going forward, and they are going to be in Content. Is that sort of the
right way to look at the business just want to understand the organic growth versus the additions from Codecademy?
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Right. And then are you going to break out the Codecademy numbers going forward? Or are they going to be lumped into...
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Great. And then the last part, I want to understand the engagement of the platform, engagement levels in the Percipio platform, have they changed?
I see that the retention rates are higher, I wanted to understand the engagement? And then also on the digital adoption by federal agencies, where
is that tracking with your FedRAMP certification last quarter?
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Just the federal agencies. I know you were looking at you, at some point, right, the adoption by federal agencies to be -- to ramp up significantly
in your overall adoption to 100%.
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