1- CU has been an unmitigated success! Earnings are down but activations are up! Students love saving money with CU!
2- Revenue dropped but cost saving measures will be implemented to offset losses
3- Cengage continues to gain market share. This reinforces CU’s success!
Cengage stock is now at $13.12, so some people are happy with how the Investor call went.
No NES had to save a few million?
Wow. Michael somehow managed to spin huge losses and digital activations being up as some sort of success. I forget the number but something like a 77 million dollar loss behind all the jargon of making headwinds,
Since no one goes to campus these days, let's play a drinking game.
During the reading of the "Safe Harbour Statement" chug a bottle of your favorite wine, because everything that follows can be a lie or worthless predictions.
If you are still awake to hear the creepy "good to hear your voice" to Mary Whocareswhathernameis, perform a "puke and rally" and chug six pack of "Mickeys Big Mouth," because you survived the call and all the senseless blabbering.
The Texas DM probably wants unlimited to include water park rides.
my texas dm still thinks cengage unlimited is a thang...
4 - We have outperformed the industry again (but lost more money)
5 - Its good to hear your voice!