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Cambium Learning Group Inc (ABCD.OQ)

ABCD.OQ on NASDAQ Stock Exchange Capital Market

11.07USD
22 Jun 2018
Change (% chg)

$0.17 (+1.56%)
Prev Close
$10.90
Open
$10.90
Day's High
$11.08
Day's Low
$10.78
Volume
170,281
Avg. Vol
78,612
52-wk High
$13.75
52-wk Low
$4.74

Latest Key Developments (Source: Significant Developments)

Cambium Learning Group Q4 Revenue Rose 2 Pct To $38.3 Mln
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Cambium Learning Group Inc ::CAMBIUM LEARNING GROUP REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 2 PERCENT TO $38.3 MILLION.RECORDED AN INCOME TAX BENEFIT OF $30.2 MILLION AND $29.3 MILLION FOR QUARTER AND YEAR ENDED DECEMBER 31, 2017.CAMBIUM LEARNING GROUP - ‍BOOKINGS FOR YEAR ENDED DEC 31, 2017 UP BY 2 PERCENT TO $164.4 MILLION COMPARED WITH $161.8 MILLION IN 2016​.COMPANY EXPECTS 2018 CAPITAL EXPENDITURES TO BE ROUGHLY CONSISTENT WITH 2017.COMPANY-WIDE, MANAGEMENT IS SETTING INITIAL OUTLOOK FOR 2018 BOOKINGS GROWTH AT A HIGHER PERCENTAGE THAN 2017‍​.EXPECTS TO BE SUBSTANTIALLY DEBT FREE BY END OF 2018.CAMBIUM LEARNING GROUP - ‍EXPECTS 2018 CAPEX TO BE ROUGHLY CONSISTENT WITH 2017, EXPECTS GROWTH IN CASH INCOME MARGIN FROM 2017​.  Full Article

Cambium Learning Group reports ‍Q3 earnings per share $0.14​
Tuesday, 14 Nov 2017 

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 Q2 earnings per share $0.08
Thursday, 11 Aug 2016 

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%.  Full Article