Diversified Consumer Services
Company Overview of Cengage Learning Holdings II L.P.
Company Overview
200 First Stamford Place
Suite 400
Stamford, CT 06902
United States
5,500 Employees
Key Executives for Cengage Learning Holdings II L.P.
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. 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
Similar Private Companies By Industry
| Company Name | Region |
| Senske Pest Control, Inc. | United States |
| Kiger-Williams Funeral Home, Inc. | United States |
| BroadTech, Inc. | United States |
| Chicago Child Care Society | United States |
| Wilcoxen Funeral Home | United States |
Recent Private Companies Transactions
| Type Date |
Target | |
| No transactions available in the past 12 months. | ||
Most Searched Private Companies
| Company Name | Geographic Region |
| Bertelsmann AG | Europe |
| Lawyers Committee for Civil Rights Under Law | United States |
| NYC2012, Inc. | United States |
| Rush University | United States |
| Citizens Budget Commission | United States |
Post a JobJobs
- Green Bay, WI | UnitedHealth GroupPosted: May 22
- Trumbull, CT | UnitedHealth GroupPosted: May 23
- Florham Park, NJ | PwCPosted: Aug 28
- East Norriton, PA | Springleaf Financial ServicesPosted: May 23
Sponsored Financial Commentaries
Sponsored Links
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.
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.
