Profits Double at EDC

Net earnings at Educational Development Corp. rose to $1.2 million in the quarter ended May 31, 2107 over the comparable period a year ago. Sales were up 20%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
News tagged with: #net earnings #quarter ended

Other news stories related to: "Profits Double at EDC"


EDC Coping with Growing Pains

Problems associated with keeping pace with Educational Development Corp.'s rapid sales growth over the last two years has led to a backlog of orders and a doubling of inventory levels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #keeping pace #growing pains


Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #redundancy fears #profits warnings #stock market #pearson chief #47% stake


Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
More news stories like this |


Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #educational publishers #john fallon #profits warnings #students enrolling #pearson chief


Stanfords returns profit for second time in 14 years

Stanfords has made a profit for the second time in 14 years after investing in its festival and awards and licensing its 163-year-old brand. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
More news stories like this |


Reidy Hails Profitable Year at S&S and 'Stable' Publishing Marketplace

Led by Bruce Springsteen's bestselling 'Born to Run,' S&S CEO Carolyn Reidy reports a profitable year at S&S and a "period of relative stability in the publishing marketplace.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #profitable year #bruce springsteen


‘Apps are the new magazines’: Why Bloomberg’s doubling down on apps

Bloomberg thinks apps are the key to its mobile future. The publisher has redesigned its mobile apps to feature day-parted content as well as quicker access to videos, market data and other relevant content. It’s the first in a series of apps Bloomberg’s 20-person apps team is working on,... Continue reading at Digiday

[ Digiday | 2016-12-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #live video #relevant content #apps appeared #mobile apps


Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #conor whelan


Amazon to double Black Friday deals

Amazon's 2016 Black Friday promotion is set to double the number of deals on offer compared to last year, stretching the promotion out for almost two weeks. Continue reading at The Bookseller

[ The Bookseller | 2016-11-12 00:00:00 UTC ]
More news stories like this |


Double Dutch: a tale of the Netherlands and Flanders

This year’s Frankfurt Book Fair joint Guest of Honour territories share a language, but there are plenty of differences between the two regions, as Roger Tagholm discovers. Continue reading at The Bookseller

[ The Bookseller | 2016-10-18 00:00:00 UTC ]
More news stories like this |


Thought Catalog CRO Alex Magnin on growing a profitable media business in 2016

Thought Catalog has seen its audience chopped in half thanks to the whims of the Facebook algorithm. But that's to a disciplined operating plan, the company has managed to remain profitable. The "new reality," according to Thought Catalog CRO Alex Magnin, is publishers need to operate far more... Continue reading at Digiday

[ Digiday | 2016-10-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #facebook algorithm #thought catalog


The Book People 'is profitable again' says c.e.o

The Book People’s c.e.o Williams Wellesley said the retailer has “once again become profitable and successful” after its EBITDA increased by £4.3m in 2015. Continue reading at The Bookseller

[ The Bookseller | 2016-10-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book people


Salt seeks to double turnover following PGUK partnership

Buoyed by a publishing “crack team” and a new sales relationship with PGUK, independent publisher Salt is going from strength to strength, and its directors hope an increased focus on fewer, bigger titles will help this success to continue. Continue reading at The Bookseller

[ The Bookseller | 2016-09-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #increased focus


Digital Trends found a highly profitable niche among tech review sites without relying on Facebook

Digital Trends, which was reportedly in talks to sell to Condé Nast for $120 million, has mostly flown under the radar. But the 10-year-old tech review site has become profitable by honing its Google skills while other publishers chase Facebook and video numbers. “We’ve identified the cycles a... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ve identified #$120 million #digital trends #facebook appeared


How Forbes got readers to double the time spent per post on mobile

For most news publishers, their audiences increasingly prefer visiting them on mobile devices. Forbes faced this problem acutely, with half its audience coming to it on mobile devices. So it created card-like formats to replace text-based stories. The financial news publisher said its new... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #news publishers #time spent #mobile appeared #mobile devices


Sales, Earnings Fell by Double-Digits at PRH

A decline in ebook sales plus the lack of a mega-bestseller led to sales and earnings both falling by just over 10% at Penguin Random House in the first six months of 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #earnings fell #ebook sales


Trade Sales Up at HMH, But Profit Dips

Revenue in Houghton Mifflin Harcourt’s trade publishing segment rose 3.2% in the second quarter ended May 31, 2016 over the comparable period in 2015. Adjusted EBITDA fell to $322,000 from $412,000 in the second quarter of 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #trade sales #quarter ended


Flat sales and profit at CUP

Cambridge University Press sales dropped very marginally to £268.8m in the year ended April 2016, according to its latest annual report (£169.1m in 2015), with growth levels falling back from a 5% revenue rise the year before. Continue reading at The Bookseller

[ The Bookseller | 2016-08-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #flat sales


S&S Profits Up But Sales Slip

Second quarter revenue fell 6.0% at Simon & Schuster compared to the second period of 2015, but operating income rose 4.0%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sales slip


EDC Has Another Record Quarter

Revenue jumped 137% in the first quarter ended May 31, over the comparable period last year, at Educational Development Corp. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #quarter ended