Cambium Learning Group Reports Fourth Quarter 2016 Financial Results
CAMBIUM LEARNING GROUP (ABCD)
Last cambium learning group earnings: 8/13 04:05 pm
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US:NASDAQ Investor Relations:
investor.cambiumlearning.com/investor-overview
Company Research
Source: GlobeNewswire
Digital Segments Learning A-Z and ExploreLearning Record Double-Digit Full Year Top-Line Growth2016 Net Income Improves by $11.8 Million, with Positive Impact from 2015 Debt RefinancingAdjusted EBITDA and Cash Income Results Show Growth, Margins ExpandCompany Makes Fourth Quarter Debt Prepayment of $25 MillionDALLAS, March 14, 2017 (GLOBE NEWSWIRE) -- Cambium Learning® Group, Inc. (NASDAQ:ABCD) (the “Company”), a leading educational solutions and services company committed to helping all students reach their full potential, announced today financial results for the year ended December 31, 2016.“Our top-line growth in 2016 was more modest than we planned, but we nevertheless made strong progress on all aspects of our strategic plan that we fully expect to drive ongoing improvements in our financial results,” said John Campbell, Chief Executive Officer of Cambium Learning Group. “In 2016, on the strength of double-digit Bookings growth in our 100% digital segments, we were able to exp
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