Cengage Learning Hldgs Ii IncOTC: CNGO

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

· Issued by 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.

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