CNGO: Q1 revenue declined on non-recurring items, but core segments and margins showed strong momentum

About this update from Cengage Learning Hldgs Ii Inc

Q1 adjusted cash revenue fell 8% year-over-year due to non-recurring items, but normalized revenue was down just 2%. Higher education and work segments showed strong growth, while cost-saving initiatives and digital transformation improved 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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