Cengage Group

Media & Internet · Kentucky, United States · 1K - 5K Employees

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Overview

Headquarters

10650 Toebben Dr Ste A, Independence, Ke...

Phone Number

(800) 354-9706

Revenue

$1.5 Billion

Industry

Media & Internet Training Software Education Live Blogging Content & Collaboration Software
ZI Rank: 14
Signal Type
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ZI Rank
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About Cengage Group

Cengage Group provides educational content, technology, and services for higher education, K-12, professional, library, and workforce training markets globally. They are based in Boston, Massachussets.Explore more
Cengage Group's Social MediaPopular SearchesCengage Learning IncCengage GroupCengage UnlimitedCengage Learning Management ServicesCengageSIC Code 27,273NAICS Code 51,513Show more

Cengage Group Org Chart

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Dean Tilsley, Chief Financial Officer at Cengage Group
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Chief Financial Officer

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Ken Grady, Senior VP & Chief Information Officer at Cengage Group
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Senior VP & Chief Information Officer

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Emily Thompson, Chief of Staff & Chief Executive Officer, Office of at Cengage Group
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Chief of Staff & Chief Executive Officer, Off...

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Financial Controller

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Controller

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Activity Insights

Cengage Group is experiencing very low activity levels compared to other companies in the Education sector.

What does this means?

Cengage Group is drawing exceptional interest within the Education industry, suggesting notable developments or strong market momentum, learn more about Cengage Group.

Cengage Group financials insights

Gather financial insights about Cengage Group, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2023

Share Placement

$500M

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Cengage Group Tech Stack

A closer look at the technologies used by Cengage Group

Most Recent Scoops

Earnings
Cengage Group has reported a 5% revenue decline in its Higher Education segment for Q1, with the key US Higher Ed business down $8 million year-on-year reflecting the shift to digital and institutional sales, and international revenues down $2 million year-on-year. Q1 Higher Ed Adjusted EBITDA declined 10% to $10 million, reflecting the impact of lower revenue.
Earnings, Finance
Earnings
Cengage Group has reported Adjusted EBITDA margin expansion of 160 basis points year-over-year in Q1, driven by the ongoing shift to digital products lowering variable costs in printing, shipping, and returns, as well as efficiency gains from the successful implementation of a new operating model.
Earnings, Finance, Financial Operations
Earnings
Cengage Group has reported trailing 12-month Adjusted EBITDA growth of 10% on 3% higher revenue, with the Work and Higher Ed segments delivering growth of 12% and 5% respectively, representing 73% of group revenues. Trailing 12-month Adjusted EBITDA margin expanded 200 basis points to 34%, driven by cost actions, the ongoing shift to digital products, and top-line growth.
Earnings, Finance, Financial Operations
Earnings
Cengage Group has reported a 14% revenue increase in its Cengage Work segment for Q1, led by ed2go with 31% growth, CTE up 7%, and Milady up 13%, with Q1 Work Adjusted EBITDA increasing 21% year-over-year, reflecting higher revenue and the benefits of continued digital transformation.
Earnings, Finance
Earnings
Earnings, Finance
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Frequently Asked Questions Regarding Cengage Group

What is Cengage Group's official website?
Cengage Group's official website is www.cengagegroup.com
What is Cengage Group's Revenue?
Cengage Group's revenue is $1.5 Billion
What is Cengage Group's SIC code?
Cengage Group's SIC: 27,273
What is Cengage Group's NAICS code?
Cengage Group's NAICS: 51,513
How many employees does Cengage Group have?
Cengage Group has 1K - 5K employees
What industry does Cengage Group belong to?
Cengage Group is in the industry of: Media & Internet, Training, Software
What companies has Cengage Group acquired?
Cengage Group has acquired the companies: Atomic Dog Publishing, Charles River Nederland, Highbeam, Blackbirch Press
What technology does Cengage Group use?
Some of the popular technologies that Cengage Group uses are: Optimizely, iCIMS, Microsoft SharePoint, Cloudflare Website Optimization
Who is the CFO of Cengage Group?
Cengage Group's CFO is Dean Tilsley
How do I contact Cengage Group?
Cengage Group contact info: Phone number: (800) 354-9706 Website: www.cengagegroup.com
What does Cengage Group do?

Cengage Group provides educational content, technology, and services for higher education, K-12, professional, library, and workforce training markets globally. They are based in Boston, Massachussets.... Read More

What are Cengage Group social media links?
Cengage Group Linkedin page Cengage Group Twitter page
Is Cengage Group a public company?
Cengage Group is private company therefore does not currently have an official ticker symbol
See more information about Cengage Group

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