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.
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Idk. My bonus was pretty awesome this year. That’s all I know.
Again? in February we were down 91M from YTD 2018.
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.
Look on the website under investor relations. They quietly dumped it because their optimistic earnings forecast from April turned out to be a dud.
the report isn't even out yet