Cambium Learning Group (ABCD) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS
Cambium Learning Group (NASDAQ:ABCD) issued its quarterly earnings results on Monday. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01), Yahoo Finance reports. Cambium Learning Group had a net margin of 28.42% and a negative return on equity of 48.67%.
ABCD opened at $11.69 on Tuesday. Cambium Learning Group has a 12-month low of $4.99 and a 12-month high of $13.77. The company has a market capitalization of $566.82 million, a PE ratio of 27.19 and a beta of -1.02. The company has a quick ratio of 0.24, a current ratio of 0.27 and a debt-to-equity ratio of -3.48.
A number of analysts have recently issued reports on ABCD shares. BidaskClub cut Cambium Learning Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 31st. ValuEngine raised Cambium Learning Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Finally, Zacks Investment Research raised Cambium Learning Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 17th.
Cambium Learning Group Company Profile
Cambium Learning Group, Inc provides educational technology solutions in the United States and internationally. It operates in three segments: Learning A-Z, ExploreLearning, and Voyager Sopris Learning. The Learning A-Z segment offers PreK-6 technology-enabled learning resources. It operates subscription-based Websites, including Reading A-Z, Raz-Kids, Headsprout, Science A-Z, Writing A-Z, Vocabulary A-Z, and ReadyTest A-Z that provide online supplemental books, lessons, assessments, and other instructional resources for individual classrooms, schools, and districts.
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