Thread regarding Cengage layoffs

FY2019 earnings

FY 2019 earnings are a disaster. Dig deep into the report and you’ll find a net loss of $97 million. Yet CU was a success!? The scary part is we haven’t seen the bottom of the market yet....not even close.

by
| 575 views | |
Post ID: @Zj9i9gl

5 replies (most recent on top)

Idk. My bonus was pretty awesome this year. That’s all I know.

by
|
Post ID: @Zj9i9gl-5ndb

Again? in February we were down 91M from YTD 2018.

by
|
Post ID: @Zj9i9gl-2xmw

The FY2019 earnings report was posted on May 30. Here's a link: https://example.com/yxl2omfl. The live investor call is scheduled for June 7, per the investor page on Cengage's website.

by
|
Post ID: @Zj9i9gl-1jjk

Look on the website under investor relations. They quietly dumped it because their optimistic earnings forecast from April turned out to be a dud.

by
|
Post ID: @Zj9i9gl-xtl

the report isn't even out yet

by
|
Post ID: @Zj9i9gl-cnk

Post a reply

: