Cambium Learning Group Reports First Quarter 2018 Financial Results
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Cambium Learning Group (ABCD) Reports Q1 EPS of $0.05; Initiates Review of Strategic Alternatives
May 14, 2018 7:56 AM EDTCambium Learning Group (NASDAQ: ABCD) reported Q1 EPS of $0.05, versus $0.05 reported last year. Revenue for the quarter came in at $36.6 million, versus $36 million reported last year.
REVIEW OF STRATEGIC ALTERNATIVES
The Company announced today that it has initiated a review of strategic alternatives to maximize shareholder value. Such strategic alternatives could include a sale of the Company or a sale of a division or divisions thereof, a strategic merger, a business combination or continuing as a standalone entity executing on its business plan. The Company has engaged Macquarie Capital as financial... More
