August 01, 2014 6:54 PM ET

Diversified Consumer Services

Company Overview of Cengage Learning Holdings II L.P.

Company Overview

Cengage Learning Holdings II, L.P., together with its subsidiaries, provides content, print and digital teaching and learning solutions, software, and associated educational services for the higher-education, research, career, school, and professional markets worldwide. The company publishes various print products, including textbooks, study guides, laboratory exercises, instructor editions, and supplemental products; and provides library reference materials under the Gale brand. It also offers technology and academic services, including digital homework solutions; customized online course programs; MindTap, an interactive suite of digital learning solutions; and services comprising course d...

200 First Stamford Place

Suite 400

Stamford, CT 06902

United States

5,500 Employees

Phone:

203-965-8600

Fax:

203-965-8599

Key Executives for Cengage Learning Holdings II L.P.

Cengage Learning Holdings II L.P. does not have any Key Executives recorded.

Cengage Learning Holdings II L.P. Key Developments

Cengage Learning Holdings II L.P., Q3 2013 Earnings Call, May 10, 2013

Cengage Learning Holdings II L.P., Q3 2013 Earnings Call, May 10, 2013

Cengage Learning Holdings II L.P. Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2012

Cengage Learning Holdings II L.P. reported un-audited consolidated earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported revenues of $406.9 million compared to $456.2 million, operating income of $61.2 million compared to $85.0 million, income before taxes and equity losses of affiliates of $39.6 million compared to loss before taxes and equity losses of affiliates of $6.8 million and net income of $24.2 million compared to net loss $3.7 million for the last year. The revenue decline was primarily in the Domestic segment due to lower sales across all markets. Adjusted EBITDA for the three months ended December 31, 2012 decreased by $29.9 million, or 17.1%, to $145.1 million in last year. For the six months, the company reported revenues of $945.2 million compared to $1,148.1 million, operating income of $183.9 million compared to $324.4 million, income before taxes and equity losses of affiliates of $66.3 million compared to $176.5 million, net income of $37.4 million compared to $127.8 million, net cash provided by operating activities of $170.2 million compared to $438.3 million and additions to property, equipment and capitalized software for internal use of $28.7 million compared to $29.8 million for the last year. The revenue decline was primarily in the Domestic segment due to lower sales across all markets. Adjusted EBITDA for the six months ended December 31, 2012 decreased by $145.6 million, or 27.8%, to $378.2 million in last year. Net cash lower primarily due to lower net income and less contribution from working capital, partially offset by lower debt payments in lieu of interest. Unlevered Free Cash Flow for the six months ended December 31, 2012 decreased by $196.5 million, or 35.7%, to $353.3 million, primarily due to lower net income and less contribution from working capital.

Cengage Learning Holdings II L.P., Q2 2013 Earnings Call, Feb 13, 2013

Cengage Learning Holdings II L.P., Q2 2013 Earnings Call, Feb 13, 2013

Similar Private Companies By Industry

Company Name Region
Cadillac Group United States
Knox County Public Library United States
Disability Group, Inc. United States
Fleet Service, Inc. United States
Washburn Industries, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 3, 2014
CourseSmart, LLC
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Cengage Learning Holdings II L.P., please visit www.cengage.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.