NIIT Learning Systems Limited missed revenue and margin guidance, while major contract wins lifted record revenue visibility to $510 million. It acquired Blue Water Learning for up to $17.6 million and expects full-year EBITDA margin in the 18% range.

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NIIT Learning Systems Limited The revenue visibility rose to a record $510 million, up 25% year-on-year, and up 11% quarter-on-quarter. Blue Water Learning The company has been acquired for a total consideration of up to $17.6 million, including a closing payment of $7.25 million. We expect the EBITDA margin to be in the 18% range for the full year. Open the document at this passage

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