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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News Corp Registers $1.6 Billion Fourth-Quarter Loss

Rupert Murdoch's News Corp has swung to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun. The fourth quarter net loss was $1.6bn (£1bn) compared with a net income of $6 ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-08-08 00:00:00 UTC ]
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Apple Rakes in $11.6 Billion in Second Quarter Net Income

Tech giant Apple reported a net income of $11.6 billion during the second fiscal quarter of 2012, up from $5.9 billion during the same period in 2011. However, international sales represent 64 percent of Apple’s quarterly revenue. Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-26 00:00:00 UTC ]
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B&N appoints former Cablevision exec as CFO

(Bloomberg) - Barnes & Noble Inc. named former cable television executive Michael Huseby chief financial officer as the largest U.S. bookstore chain shifts toward becoming more of a technology company. Mr. Huseby, formerly chief financial officer at Cablevision Systems Corp., will oversee... Continue reading at Crains New York

[ Crains New York | 2012-03-12 00:00:00 UTC ]
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B&N unveils cheaper Nook Tablet

Barnes & Noble Inc. said Tuesday that its fiscal third-quarter net income fell 14%, as rising costs offset higher sales. The company also said it will introduce a cheaper Nook Tablet.In its latest salvo in the tablet competition Amazon.com, Barnes & Noble said it will sell a Nook Tablet... Continue reading at Crains New York

[ Crains New York | 2012-02-21 00:00:00 UTC ]
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Mixed Signals From B&N

Barnes & Noble’s second-quarter results were full of mixed signals about how the company itself is doing as well as for the bookselling and publishing markets. During the quarter, B&N cut its net loss in half and saw EBITDA rise 21%, to $56 million. Sales, however, slipped 0.6%, with... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-12-02 00:00:00 UTC ]
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Cashing In

With sales of digital content and its Nook line of reading devices and accessories surging and its print business showing signs of stabilization, Barnes & Noble reported its best quarterly report in some time last week, as total revenue in the first period rose 1.6%, to $1.42 billion, and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-09-02 00:00:00 UTC ]
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