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Cambium Learning Group Inc (ABCD.OQ)

ABCD.OQ on NASDAQ Stock Exchange Capital Market

11.92USD
14 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Cambium Learning Group Initiates Review Of Strategic Alternatives Including Sale Of Co
Monday, 14 May 2018 06:00am EDT 

May 14 (Reuters) - Cambium Learning Group Inc ::CAMBIUM LEARNING GROUP REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.CAMBIUM LEARNING GROUP INC <<>> Q1 REVENUE ROSE 2 PCT TO $36.6 MLN.CAMBIUM LEARNING GROUP INC SAYS REAFFIRMING FULL-YEAR OUTLOOK.CAMBIUM LEARNING GROUP INC SAYS ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE.CAMBIUM LEARNING GROUP INC SAYS ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE VKIDZ.CAMBIUM LEARNING GROUP INC SAYS CAPITAL EXPENDITURES IN 2018 ARE EXPECTED TO BE ROUGHLY CONSISTENT WITH 2017.CAMBIUM LEARNING GROUP INC SAYS STRATEGIC ALTERNATIVES COULD INCLUDE SALE OF COMPANY OR SALE OF DIVISION OR DIVISIONS THEREOF.CAMBIUM LEARNING GROUP - HAS ENGAGED MACQUARIE CAPITAL AS FINANCIAL ADVISOR AND LOWENSTEIN SANDLER LLP AS LEGAL ADVISOR TO ASSIST IN STRATEGIC REVIEW.CAMBIUM LEARNING SAYS VKIDZ'S PURCHASE PRICE WILL INCLUDE ISSUANCE OF 6.7 MILLION CAMBIUM LEARNING COMMON SHARES, PLUS PAYMENT OF OUTSTANDING DEBT OF VKIDZ.CAMBIUM LEARNING GROUP INC QUARTERLY SHR $0.05.  Full Article

Cambium Learning Group reports ‍Q3 earnings per share $0.14​
Tuesday, 14 Nov 2017 06:00am EST 

Nov 14 (Reuters) - Cambium Learning Group Inc :Cambium Learning Group reports third quarter 2017 financial results.Q3 revenue rose 3 percent to $43.5 million.Says ‍bookings for Q3 of 2017 increased by 6% to $78.5 million, compared with $74.2 million in Q3 of 2016​.Cambium Learning Group Inc - ‍ expects 2017 capital expenditures to be roughly $19 million​.Cambium Learning Group Inc qtrly ‍shr $0.14​.Cambium Learning Group Inc - ‍bookings growth for full year 2017 is expected to range between 1% and 4%, lower than company's previous outlook​.Cambium Learning Group-FY 2017 adjusted ebitda,cash income margins expected to grow slightly, expanding up to two percentage points compared to 2016​.Cambium Learning Group Inc - ‍ expects full-year restructuring costs to total $1.5 million​.  Full Article

Cambium Learning Group reports qtrly earnings per share $0.12
Thursday, 10 Aug 2017 06:00am EDT 

Aug 10 (Reuters) - Cambium Learning Group Inc :Cambium Learning Group reports second quarter 2017 financial results.Q2 revenue rose 3 percent to $40.4 million.Qtrly earnings per share $0.12.Company expects its 2017 adjusted EBITDA margin to be roughly consistent with 2016.Company expects 2017 company-wide bookings growth to be in a range from 6% to low double-digit percentage growth.Bookings for Q2 of 2017 were $29.7 million.  Full Article

Cambium Learning Group reports Q1 EPS of $0.05
Thursday, 4 May 2017 06:00am EDT 

May 4 (Reuters) - Cambium Learning Group Inc :Cambium Learning Group reports first quarter 2017 financial results.Q1 revenue rose 7 percent to $36 million.Bookings for Q1 of 2017 decreased by 10 pct to $19.1 million.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.Expects its 2017 cash income margin to grow between one and three percentage points compared to 2016.Expects its 2017 adjusted EBITDA margin to be roughly consistent with 2016.Qtrly earnings per share $0.05.  Full Article

Cambium Learning Group reports fourth quarter 2016 financial results
Tuesday, 14 Mar 2017 06:00am EDT 

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.  Full Article