Earnings jumped 139% in the third quarter ended November 30, 2015 over last year's third period at Educational Development Corp. Profits were $1.2 million in the most recent quarter and were driven by a 123% increase in revenue, which rose to $24.4 million. Continue reading >> [ Source: Publishers Weekly | 2016-01-19 00:00:00 UTC ]
Facebook continues to do what few digital publishers can pull off: Over each of the last five quarters, the social network has been able to boost revenue even as it sells fewer ads.The ability to raise prices has rocketed Facebook's overall revenue to $3.85 billion in the most recent quarter. In... Continue reading >> [ Source: Advertising Age | 2015-01-29 00:00:00 UTC ]
Mitchell Klipper, CEO of Barnes & Noble Inc.'s retail group, which includes its bookstores but not its Nook unit, sold about 67% of his shares of the company, according to an SEC filing late Monday.Mr. Klipper sold a total of about 400,996 shares for between $13.99 and $14.53 per share.He... Continue reading >> [ Source: Crains New York | 2013-08-27 00:00:00 UTC ]