Cengage Group, a leading global education and technology company, reported its financial results for the second quarter and first half of Fiscal Year 2025, ended September 30, 2024.
Adjusted Cash Revenue for the first half of Fiscal Year 2025 was $841 million, flat against a high comparative which benefitted from earlier ordering and favorable timing of several large deals. Adjusted Cash EBITDA for the first half of Fiscal Year 2025 was $323 million, an increase of 8 percent over the first half of Fiscal Year 2024. Operating cash flow was $128 million, more than double the $60 million in the prior period.