Earnings Soared at EDC in Q2

Net earnings for the second quarter ended August 31, 2020, soared at Educational Development Corp., jumping to $4.2 million, from $1 million, in the second quarter ended last August. Revenue rose 142.5%, to $59.2 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]
News tagged with: #$1 million #earnings soared #net earnings #quarter ended

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EDC Works to Rebound

Educational Development Corp. continues to work through a host of issues since its sales and earnings peaked in the fiscal year ended February 28, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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Scholastic Posts Second-Quarter Double-Digit Gains in Sales and Earnings

A 19% increase in Scholastic's children's book publishing and distribution segment drove total sales up 12% in the second quarter, while operating income rose 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
More news stories like this | News stories tagged with: #children's book #book publishing


Sales Fall in Q2 as Wiley Lowers Sales Forecast for Year

Sales fell 3% at John Wiley in the second quarter ended October 31, largely due to a 14% revenue decline in its academic and publishing learning group. Trouble in the group prompted the company to lower its revenue forecast for fiscal 2023, though its earnings predictions remained intact. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #largely due #john wiley #sales fall


Earnings Fell in the First Half of 2022 at PRH

High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin random house #bertelsmann #sales declined #earnings fell


Bora Chung Soars with a Provocative Collection of Stories

Bora Chung soars into the unchartered territory of the imagination with her stunning, provocative collection of stories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-05 04:00:00 UTC ]
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Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #strong results #simon schuster


Media Briefing: A snapshot of the digital media economy at the start of earnings season

In this week’s Media Briefing, media editor Kayleigh Barber examines the state of the digital media economy as major tech platforms report quarterly earnings and advertising and commerce businesses remain in flux. The post Media Briefing: A snapshot of the digital media economy at the start of... Continue reading at Digiday

[ Digiday | 2022-07-28 04:01:00 UTC ]
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Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 UTC ]
More news stories like this | News stories tagged with: #profits fall #local newspapers


Boris Johnson memoir could earn him ‘north of £1m’

Insiders say outgoing prime minister unlikely to write about personal life but book deal possible this autumnBoris Johnson could be paid more than £1m for his memoir, according to publishing insiders. But anyone expecting a kiss-and-tell may be disappointed, as industry professionals have said... Continue reading at The Guardian

[ The Guardian | 2022-07-15 10:12:09 UTC ]
More news stories like this | News stories tagged with: #memoir #book deal #remain anonymous #industry professionals #personal life #publishing insiders


Prepare to earn CompTIA and AWS certifications with this $20 e-book bundle

IT professionals are accustomed to spending too much money to upgrade their skills and land new roles. But, these days, it’s not as necessary. That’s because web-based resources are available that are far more cost-effective—for example, the 2022 CompTIA and AWS Practice Exam E-Book Bundle,... Continue reading at PC World

[ PC World | 2022-05-20 08:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book #prices subject #highly rated


EDC's Revenue Returns to Earth

After hitting a record high of $204.6 million in the fiscal year ended February 28, 2021, revenue at Educational Development Corp. fell 30.3% in fiscal 2022, dropping to $142.2 million. Net earnings declined 34.1%, to $8.3 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-19 04:00:00 UTC ]
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Quarto Group Posts Double-Digit Gains in Sales, Earnings

The launch of some new imprints and another good year for a number of its most popular series combined to boost sales at Quarto Group by 19%, to $151.5 million, in 2021 over 2020. Adjusted operating profit jumped 51%, to $ 16 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-17 04:00:00 UTC ]
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Libraries Are More Popular Than Ever and Library Workers Don’t Earn Livable Wages: The State of U.S. Public Libraries

US public libraries are more popular than ever, but library workers are mostly not paid a livable wage: new research into library data. Continue reading at Book Riot

[ Book Riot | 2022-02-09 11:45:00 UTC ]
More news stories like this | News stories tagged with: #public libraries #livable wage #library workers


January Religion Bestsellers: Lysa TerKeurst Dominates; ‘Redeeming Love’ Soars

Women’s ministry president Lysa TerKeurst takes two spots on PW’s Religion Nonfiction Bestsellers; the film adaptation of Francine River’s ‘Redeeming Love’ boosts the 17-year-old Western romance to #2 in Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #religion fiction #film adaptation #redeeming love


Higher Costs Dent Earnings Gains at HarperCollins

Earnings in HarperCollins' second quarter ended December 31, 2021, rose 3% over a year ago, while sales increased 13%. The lower profits increase was due in part “to the increase in manufacturing and freight costs exacerbated by supply chain pressures,” parent company News Corp said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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Sales of Maus Soar After a Tennessee School Board Banned the Book

Art Spiegelman’s graphic novel about the Holocaust now has several top slots on Amazon’s bestseller list. Continue reading at Slate

[ Slate | 2022-01-30 22:54:35 UTC ]
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Revenues up £1.3m at Roald Dahl Story Company before Netflix deal earned £370m

The Roald Dahl Story Company, which manages the rights to the authors characters and stories, made £27.1m in the year to December 2020, up £1.3m from £25.8m in 2019, before its 2021 acquisition by Netflix earned the estate £370m. Continue reading at The Bookseller

[ The Bookseller | 2022-01-09 17:39:30 UTC ]
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White Review extends crowdfunder after soaring past £10k target

Organisers of a crowdfunder for the White Review have stretched the target by an additional £6,000 after sailing past their original £10,000 goal. Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 08:46:01 UTC ]
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Amazon corporation tax up as sales continue to soar

Amazon UK services paid £18.3m in corporation tax last year, up around 26% from £14.5m the year before, as sales soared by 64%. Continue reading at The Bookseller

[ The Bookseller | 2021-09-07 23:53:33 UTC ]
More news stories like this | News stories tagged with: #sales soared #corporation tax #sales continue


First Half Profits Soared at Penguin Random House

Booming audiobook sales and strong performances in some of its largest markets boosted profits up 55.1% at Penguin Random House in the first six months of 2021. Revenue rose 10.9%, to €1.80 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin random house #audiobook #strong performances