Cengage Learning Holdings II ( (CNGO) ) has released its Q4 earnings. Here is a breakdown of the information Cengage Learning Holdings II presented to its investors.
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Cengage Learning Holdings II, Inc. is a global edtech company that supports students from middle school through graduate school with quality content and technology, operating in the education sector with a focus on digital learning solutions.
Cengage Learning Holdings II recently announced its financial results for the fiscal year ending March 31, 2025, highlighting a continued shift towards digital solutions and strategic growth in its education for employment segment.
The company reported a 2% increase in adjusted cash revenue, reaching $1.541 billion, driven by a 7% growth in U.S. Higher Education digital sales and a 14% increase in Cengage Work, particularly through its ed2go platform. Despite challenges in international markets and secondary education, the company achieved a 15% growth in adjusted cash EBITDA, amounting to $530 million, supported by cost savings from a new operating model.
Cengage’s strategic focus on digital transformation is evident, with 91% of U.S. Higher Education sales now digital, enhancing profitability and customer retention. The company also expanded its AI-powered student assistant to 1 million students, aiming to improve learning outcomes.
Looking ahead, Cengage Learning Holdings II is positioned for future growth with a strong portfolio focused on education for employment, despite market uncertainties and competitive pressures. The management remains optimistic about continuing to leverage digital innovations and strategic initiatives to drive further success.