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Cengage Group

Cengage Group has been recognized for the fifth consecutive year as a leader in LGBTQ+ workplace inclusionBOSTON, Jan. 8, 2025 /PRNewswire/ -- Cengage Group, a global edtech company, today announced its score of 100 on the Human Rights Campaign Foundation's (HRCF) 2025 Corporate Equality Index (CEI). The CEI is the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This year's CEI includes 1,449 businesses –the highest number of companies rated since the start of the CEI in 2002

Cengage Group Earns Equality 100 Award In Human Rights Campaign Foundation'S 2025 Corporate Equality Index

Cengage Group, a Boston, MA-based edtech company, acquired Visible Body, a company which specializes in interactive, 3D models and software for the sciences.The amount of the deal was not disclosed.This acquisition enhances Cengage Group’s science offerings across its portfolio, providing new mediums and interactive experiences for learners.Co-founded by CEO Andrew Bowditch and CFO Matthew Bowditc, Visible Body provides highly detailed, anatomically accurate 3D models of the body, which are developed by medical artists with degrees in biomedical illustration. The company offers more than 24,000 visual assets in seven languages, including animations and simulations, formative assessments and flashcards to test understanding. It is used at more than 1,000 institutions and provides a wide range of resources to support educators. Its immersive experience, including augmented and mixed reality offerings, lowers the barriers of access for real-world learnings in the sciences.Led by CEO Michael Hansen, Cengage Group, a global education technology company serving learners, provides digital products and services that equip students with the skills and competencies needed to be job ready. It serves education, workforce skills, secondary education, English language teaching and research markets worldwide.FinSMEs13/01/2025

Cengage Group Acquires Visible Body

A successful fall season and sustained underlying momentum reinforces the company's full year expectations of robust revenue growth and strong double-digit profit growth. BOSTON, Nov. 7, 2024 /PRNewswire/ -- 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% over the first half of Fiscal Year 2024. Operating cash flow was $128 million, more than double the $60 million in the prior period

Cengage Group Announces First Half Fiscal Year 2025 Results

Arizona Adult Workforce Diploma Program Makes Gale an Approved Facilitator to Help Drive Skills and Workforce Development to Advance Career Growth for ResidentsPHOENIX and FARMINGTON HILLS, Mich., Aug. 6, 2024 /PRNewswire/ -- As students head back to the classroom, Arizona residents 21 and over now have the opportunity to earn their high school diploma through a state-funded adult workforce diploma program. Gale Presents: Excel Adult High School, an accredited online diploma completion program from Gale, part of Cengage Group, is now an approved facilitator for the Arizona Adult Workforce Diploma Program. Excel Adult High School is a free program that's designed to help busy adults obtain their high school diploma online at their own pace and convenience.Excel High School was a game-changer for me. I finally filled that educational void that had been nagging me for years. Post this If you live in Arizona and are looking to earn your high school diploma, Gale and Excel High School are offering a tuition-free accredited online diploma completion program to residents who are 21 and older.In Arizona, 11.26% of adults do not have a high school diploma

Arizonans Can Earn Free, Online Accredited High School Diploma Through Gale Presents: Excel Adult High School

Recognized for Driving Innovation in Career Development and Preparation with Gale Presents: Peterson's Test and Career PrepFARMINGTON HILLS, Mich., June 12, 2024 /PRNewswire/ -- Gale, part of Cengage Group, is pleased to announce that it has been selected as winner of the "Overall Career Prep Solution of the Year" award in the sixth annual EdTech Breakthrough Awards. Gale Presents: Peterson's Test and Career Prep was recognized for its breakthrough innovation in career readiness and prep. The EdTech Breakthrough Awards recognizes technologies and companies that drive innovation and exemplify the best in educational technology solutions across the globe. This is the second consecutive year that one of Gale's adult learning resources has been recognized by the EdTech Breakthrough Awards.This recognition underscores our dedication to driving innovation in career development and preparation. Post this Gale Presents: Peterson’s Test and Career Prep recognized for breakthrough innovation in career readiness and prep.Gale Presents: Peterson's Test and Career Prep is a comprehensive online tool for standardized test preparation, researching undergraduate and graduate programs, finding tuition assistance, and exploring and preparing for careers. From students preparing for AP tests and high school entrance exams, to career professionals looking for resume help, or career guidance, Gale Presents: Peterson's Test and Career Prep has tools that benefit learners at any stage in their academic or professional journey.A recent enhancement to the platform allows users to set academic and career goals, save relevant resources, and track their progress

Gale Named "Overall Career Prep Solution Of The Year" In 2024 Edtech Breakthrough Awards

Adjusted Cash Revenue grew 5% to $1.54 billion in Fiscal 2024Adjusted Cash EBITDA up 10% to $461 million in Fiscal 2024Strong momentum underpins positive outlook for Fiscal 25 - expect robust top line growth and accelerating adjusted cash EBITDA margin expansionBOSTON, June 6, 2024 /PRNewswire/ -- Cengage Group, a leading global education and technology company, announced its financial results for the fourth quarter and full year ended March 31, 2024. Adjusted Cash Revenue for fiscal year 2024 was $1.54 billion, a 5% increase over the prior fiscal year. Adjusted Cash EBITDA was $461 million, a 10% increase over fiscal year 2023, with EBITDA margin expanding by over 120 basis points to 30%."We had a strong fourth quarter, accelerating our growth and successfully closing out fiscal 24 with full year financial results just ahead of the top end of our guidance range," said Michael Hansen, Chief Executive Officer, Cengage Group. Hansen continued, "All three business units contributed to this strong performance, with Academic revenues growing 2% underpinned by US Higher Education's return to growth, 19% growth from Work and 8% growth from Select, propelled by another excellent year for our English Language Teaching business. These results mark the third consecutive year of increased revenue and profitability, underlining the strength of our portfolio of businesses."Hansen added, "In our Q3 results, we shared a strategic initiative to implement a new operating model to support future growth and improve profitability. We have now executed these plans and expect to achieve incremental cost savings of $60M in fiscal 25, accelerating our profit growth and margin expansion

Cengage Group Announces Fourth Quarter And Full Year Fiscal 2024 Results

Live AWS boot camps allow individuals and businesses to learn and benefit from cloud certificationMADISON, Wis., Feb. 22, 2024 /PRNewswire/ -- Infosec Institute, a leading cybersecurity education provider and part of Cengage Group, today announced a partnership with Amazon Web Services (AWS) to become an authorized training provider of live, in-person boot camps for AWS certifications. IT and cybersecurity professionals can now enroll in five AWS certification boot camps to build the domain expertise required for successful cloud transformation.As the demand for skilled cloud professionals continues to soar, Infosec and AWS are joining forces to deliver comprehensive, hands-on training that equips learners with the knowledge and expertise needed to excel in cloud-based environments. These boot camps will cover essential topics such as cloud architecture, security, networking and deployment strategies, providing participants with a holistic understanding of AWS services and technologies. The five AWS live boot camps available now from Infosec include:AWS certifications are among the most pursued in the cybersecurity industry by both employers and professionals. With this new partnership, professionals can now achieve certification in the way they learn best, whether live online, in-person or asynchronously via the Infosec Skills platform

Infosec Institute Partners With Amazon Web Services (Aws) To Become Authorized Live Aws Boot Camp Provider

With a score of 95, Cengage Group demonstrates strong practices and policies related to LGBTQ+ workplace equalityBOSTON, Dec. 13, 2023 /PRNewswire/ -- Cengage Group, a leading global education and technology company, today announced its inclusion in the Human Rights Campaign (HRC) Foundation's 2023-2024 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.Cengage Group Recognized in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality IndexReceiving a score of 95 out of 100, this marks the fourth consecutive year Cengage Group has been included in the CEI. This year's score reflects the company's successful efforts to meet all benefit offering requirements. Additionally, the company is currently developing an LGBTQ+ benefits guide to meet the new requirements introduced in 2023."We are honored to once again be recognized by the HRC because inclusion and equality are at the heart of our organization," said Jeri Herman, Chief People Officer of Cengage Group. "At Cengage Group, our employees and advocates have created a company culture and work environment that encourages authenticity and embraces diversity in every way. We are proud of our commitment to workplace equality and will continue improving our efforts to support our LGBTQ+ employees."Along with 1,384 major U.S

Cengage Group Recognized In Human Rights Campaign Foundation'S 2023-2024 Corporate Equality Index

Based only on job descriptions, organizations can effortlessly create tailored training plans for different cybersecurity roles and levels. MASON, Ohio, Nov. 12, 2024 /PRNewswire/ -- Infosec Institute, a leading cybersecurity education provider and part of Cengage Group, today announced the launch of Infosec Skills Navigator, a groundbreaking addition to the Infosec Skills training platform. Leveraging generative AI (GenAI), the platform creates tailored training plans in seconds. Using only a job description or list of job duties, individuals, team leaders, and learning and development (LD) professionals can quickly get custom learning plans aligned with the skills recommended for success in each unique role. Training and retaining cybersecurity professionals remain a challenge across industries

Infosec Institute'S Ai-Powered Skills Navigator Creates Customized Cybersecurity Training Plans In Seconds

Appointment furthers the company's commitment to accelerating product innovation initiatives, including GenAI advancementBOSTON, March 5, 2024 /PRNewswire/ -- Cengage Group, a global edtech company, has appointed Darren Person as Executive Vice President and Chief Digital Officer (CDO). With more than 20 years of experience in the technology industry, Person will lead Cengage Group's product technology and innovation organization, and ensure the company continues to deliver innovative solutions that enable learners and educators around the globe to achieve their goals.Cengage Group Announces Appointment of Darren Person as Chief Digital Officer"I am thrilled to join Cengage Group during this exciting period of rapid technology transformation in the education space," said Darren Person, CDO, Cengage Group. "Notably, advanced technologies like Generative AI have the potential to dramatically enhance the learning experience. I'm excited to take on this role and lead the product technology organization through this pivotal moment."As CDO, Person joins Cengage Group's executive team and will focus on developing a standardized approach to product technology across the company's three business units – Cengage Academic, Cengage Work and Cengage Select – that helps foster innovative, immersive and personalized learning experiences. As part of this work, Person is also charged with furthering the company's Generative AI efforts, exploring how it can best be leveraged across the businesses to meet the evolving needs of customers."Strategic technology innovation remains at the forefront of the work we do, and the exciting emergence of new technologies, especially GenAI, is transforming the needs of learners and educators," said Michael Hansen, CEO, Cengage Group. "We are energized by the potential these technologies hold and have a vision for how we build for the future

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