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CNGO: Q1 revenue and EBITDA grew, with strong digital momentum and cost savings driving margin expansion

CNGO: Q1 revenue and EBITDA grew, with strong digital momentum and cost savings driving margin expansion

Cengage Learning Hldgs Ii IncAugust 8, 20245
CNGO: Q1 revenue and EBITDA grew, with strong digital momentum and cost savings driving margin expansion

About this update from Cengage Learning Hldgs Ii Inc

Q1 saw 2% revenue growth and a doubling of adjusted cash EBITDA, driven by digital sales and cost savings. The business reconfirmed its 2025 guidance, expects at least $100 million in cost savings over two years, and continues to expand margins and liquidity. Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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