#operating loss

Publishing news tagged with #operating loss

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Lower Trade Sales, Book Club Reorg Dent Scholastic Results

Lower trade book sales and costs associated with the creation of its new School Reading Events business resulted in an operating loss in the quarter at Scholastic. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-09-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #operating loss #trade book #scholastic #book club

Wiley Has Disappointing Third Quarter

A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
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Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
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Phaidon made further loss in 2020 as pandemic hit revenue

Phaidon made an operating loss of £1.3m in the year ending June 30th 2020, a 33% bigger loss than the previous year, due to the "adverse effects" of multiple national lockdowns, according to accounts filed at Companies House. Continue reading at 'The Bookseller'

[ The Bookseller | 2021-07-16 04:54:45 UTC ]
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Scholastic Looks to Rebound from Q4 Slump

The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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Virus Leads to Down Fourth Quarter at Wiley

Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #lower sales #fourth quarter #earnings fell #print books #operating loss

B&N Cuts Q2 Losses as Comp Sales Improve

Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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Despite Upswing in Sales, Quarto Reports Loss in 2016

A one-time charge associated with the sale of Quarto's Books & Gifts Direct business resulted in an operating loss for the company in 2016, but sales and profits in its core publishing operations rose. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Faber records loss in latest financial year

Faber saw a drop in turnover for the year ending March 2015, with a significant increase in its operating loss from the 12 months previous. The publisher’s turnover was £15.9m, down 1.8% from £16.2m the year before. Faber made an operating loss of £813,000, up from £5,000 in the 12 months to... Continue reading at 'The Bookseller'

[ The Bookseller | 2015-08-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #significant increase #operating loss #financial statements

News Corp UK suffers £3.5m loss after £51m profit the year before

Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading at 'The Guardian'

[ The Guardian | 2014-12-17 00:00:00 UTC ]
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Small loss for Faber in 'tough' year

Faber saw a sharp drop in turnover for the year ending March 2014, and made a small operating loss for the year. The independent publisher recorded a turnover for the year of £16.3m, down 18% from £20m in the previous year. From an operating profit of £2.3m in the year to end March 2013, the... Continue reading at 'The Bookseller'

[ The Bookseller | 2014-12-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small loss #operating profit #operating loss

History Press slashed losses in 2013

The History Press dramatically slashed its losses in 2013, helped by a trade boost in the US and the sale of its German business. The local and military history publisher reported an operating loss of £26,000 in the year to 31st December 2013, up from an operating loss of £892,000 in 2012. At... Continue reading at 'The Bookseller'

[ The Bookseller | 2014-11-26 00:00:00 UTC ]
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HMH Trade Group Down in Second Quarter

Sales in the Houghton Mifflin Harcourt trade group fell 5% in the second quarter ended June 30, 2014, and the unit had an operating loss of $1.7 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-08-14 00:00:00 UTC ]
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Amazon Has Big Sales Gain, Small Loss

Total revenue at Amazon increased 24%, to $17.09 billion, in the third quarter of 2013 while its operating loss was $25 million, down from $28 million in the third quarter of 2012. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2013-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small loss #total revenue #operating loss #$25 million #$28 million