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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.