September 22, 2017 1:51 AM ET

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Company Overview of Cengage Learning Holdings II, Inc.

Company Overview

Cengage Learning Holdings II, Inc. provides content and digital learning solutions for the higher education, school, professional, library, and workforce training markets worldwide. The company operates through Learning, Gale, and International segments. It offers CourseMate, an integrated Web-based solution that includes an interactive eTextbook, multimedia resources, flashcards, and quizzes; MindTap, a course solution, which comprises assessment, immediate feedback, and analytics for instructors and students; Aplia, an online learning solution that provides interactive chapter assignments correlating to specific textbooks; and Course360, an online course solution that help schools reach an...

20 Channel Center Street

Boston, MA 02210

United States

4,750 Employees

Key Executives for Cengage Learning Holdings II, Inc.

Cengage Learning Holdings II, Inc. does not have any Key Executives recorded.

Cengage Learning Holdings II, Inc. Key Developments

Cengage Learning Holdings II, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2017

Cengage Learning Holdings II, Inc. announced unaudited consolidated earnings results for the first quarter ended June 30, 2017. Revenues were $296.0 million compared to $307.0 million a year ago. Operating loss was $16.2 million compared to $15.2 million a year ago. Loss before taxes was $43.1 million compared to $66.5 million a year ago. Net loss was $29.1 million compared to $42 million a year ago. Net cash used in operating activities was $14. 3 million compared to $9.4 million a year ago. Additions to property, equipment and capitalized internal-use software were $24.6 million compared to $13.4 million a year ago. Adjusted EBITDA was $56.9 million compared to $75.3 million a year ago.

Cengage Learning Holdings II, Inc., Q1 2018 Earnings Call, Aug 02, 2017

Cengage Learning Holdings II, Inc., Q1 2018 Earnings Call, Aug 02, 2017

Cengage Learning Holdings II, Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2017

Cengage Learning Holdings II, Inc. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported revenues of $1,460.0 million against $1,630.5 million a year ago. Operating income was $89.1 million against $49.0 million a year ago. Loss before taxes was $79.1 million against $105.8 million a year ago. Net loss was $43.1 million against $72.4 million a year ago. Net cash provided by operating activities was $316.6 million against $332.1 million a year ago. Additions to property, equipment and capitalized internal-use software were $53.1 million against $53.7 million a year ago.

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