Cambium Learning Group Inc : Cambium Learning Group reports fourth quarter 2016 financial results . Q4 revenue rose 5 percent to $37.5 million . Bookings increased 2% for year ended December 31, 2016 compared to 2015 . Expects 2017 company-wide bookings growth to be in a range from 6% to low double-digit percentage growth . Cambium Learning Group Inc - expects 2017 capital expenditures for product development to be roughly consistent with $17.3 million expended in 2016 . Sees 2017 general capital expenditures to be roughly consistent with $2.7 million expended in 2016 . Cambium Learning Group - sees 2017 cash income margin to grow between 1-3 percent points, sees 2017 adjusted EBITDA margin to be roughly consistent with 2016 .Net income of $2.9 million during Q4 of 2016 compared to a net loss of $2.8 million during Q4 of 2015.
Cambium Learning Group Inc : Cambium Learning Group reports second quarter 2016 financial results . Qtrly earnings per share $0.08 . Q2 revenue rose 4 percent to $39.1 million . Lowered Voyager Sopris Learning's full-year outlook . Company expects Explorelearning bookings growth to accelerate in 2016 . Overall capital expenditures for FY are expected to range between $21 million and $22 million . Full year outlook for learning A-Z and Explorelearning segments is unchanged . Bookings for Q2 of 2016 decreased by 1% to $31.6 million . Says expects learning A-Z to continue to show strong double-digit bookings growth in 2016, estimated at approximately 20% . Says capital expenditures for product development are expected to be roughly $8.0 million in 2016 . Says expects companywide bookings growth to range between 7% and 12% in 2016 .Company expects FY bookings growth to range between 7% and 12%.