Amazon Lost $241 Million on $88 Billion in Sales

For the full year, sales increased 20% to $88.99 billion at Amazon, but the company had a net loss in the year of $241 million compared with net income of $274 million in 2013. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-01-29 00:00:00 UTC ]

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Ten Children’s Books To Read and Enjoy Before The Year Ends

This month’s column is my twelfth for Lit Hub, which means I’ve been sharing new children’s book releases with you for a full year now. And 2024 has been a wonderful year for young readers! As I’ve reviewed each month’s new releases, I’ve found some of my own favorite new books, and I hope I’ve […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-12-02 09:56:42 UTC ]
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Workman Sales Boosted 2022 Hachette Book Group Results

With a full year of sales from its purchase of Workman Publishing in its pockets, Hachette Book Group saw revenue rise over 2021, but higher costs dropped profits. Results at HBG parent, Lagardère Publishing, followed a similar pattern. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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AMD announces 2023 ‘extreme gaming laptop CPU,’ Dragon Range

AMD said Tuesday afternoon that it has made a change to its mobile CPU roadmap, adding an “extreme gaming laptop CPU” for 2023, code-named “Dragon Range.” AMD made the announcement at a small press conference following the release of its second-quarter 2022 earnings, which showed a reported... Continue reading at PC World

[ PC World | 2022-05-03 23:19:22 UTC ]
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A Bad First Quarter at Amazon

Amazon reported a net loss of $3.8 billion in the first quarter of 2022 as online sales fell 3%, to $51.1 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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Booktopia 'eclipses expectations' as sales rise 35%

Revenue at Australian online book retailer Booktopia Group Limited has grown by 35% this year, soaring to $223.9m (£119m) from last year's $165.7m (£88m) and beating its forecasts for the full year to 30th June 2021.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-31 13:52:14 UTC ]
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Boldwood Books reports £1.6m revenues in first full year

Boldwood Books has reported revenues of £1.6m in 2020, its first full financial year, and added five new authors to its now 50-strong list. Continue reading at The Bookseller

[ The Bookseller | 2021-03-01 16:36:03 UTC ]
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Restructuring, Covid-19 Leads to Huge HMH Loss

Restructuring charges and the global pandemic took a toll on Houghton Mifflin Harcourt in 2020, as the company reported a 25.8% decline in revenue in the year and a net loss of $480 million, compared to a loss of $213.8 million in 2019. HMH's trade division, which is for sale, had a 6% sales gain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-25 05:00:00 UTC ]
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What it means to get the election wrong

Yesterday morning, the New York Times asked, in a headline, “Can Biden still win?” The story made clear that he could, but as FiveThirtyEight’s Nate Silver pointed out, the question seemed backward, since President Trump seemed to be facing the thinner path to victory. That the Times framed the... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-11-05 13:00:02 UTC ]
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Sales, Earnings Down at HC in Fiscal 2020

An improvement in fourth quarter profits for the period ended June 30, 2020, was not enough to prevent earnings for the full year at HarperCollins from dropping 15%, to $214 million. Revenue fell 5%, to $1.67 billion, compared to fiscal 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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News Corp’s Stephanie Layser Is Tired of Big Tech Bullying

Covid-19 has hit publishers especially hard, from lost revenue due to keyword blocking and changing consumer news preferences. News Corp has been deeply affected, suffering a net loss of $1 billion in the third quarter of 2020. Stephanie Layser, vp of advertising technology at News Corp, spoke... Continue reading at AdWeek

[ AdWeek | 2020-07-15 19:21:32 UTC ]
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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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‘Consistent’ T&F likely to hit 2% growth target for 2019

Parent company Informa has said Taylor & Francis "continues to perform consistently", expressing confidence that it will hit its annual target of 2% underlying growth for the full year. Continue reading at The Bookseller

[ The Bookseller | 2019-11-12 06:30:02 UTC ]
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Q3 Revenues Fell at LSC Communications

The printing giant posted a sales decline of 17.9% in the third quarter, although excluding one-time items "organic sales" were down 9.3%. The company also lowered its forecast for sales and earnings for the full year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-07 05:00:00 UTC ]
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Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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Quad Posts Q2 Net loss on Lower Revenue

Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
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Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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Scholastic Q3 Revenue Boosted by Trade Group

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-21 00:00:00 UTC ]
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Sales Rose 10.6% in 2018 at HMH Trade

The 2018 sales increase in the Houghton Mifflin Harcourt trade group was led by higher licensing income. Meanwhile, the net loss for the entire company, which includes the education division, was cut to $90.5 million from $135.1 million in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
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S&S 2018 Profits Up, Despite Small Sales Decline

A 7% decline in fourth quarter revenue led to a 0.6% drop in sales for the full year at Simon & Schuster. The publisher still posted a 6% increase in operating profits over 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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