Sales Up, Earnings Down at HMH Trade

Sales at Houghton Mifflin Harcourt’s trade segment rose 1.5% in the third quarter of 2014 compared to the same period last year, rising to $46.5 million. Adjusted EBITDA , however, dropped 16.3% to $7.2 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]

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The Book Closes on HMH Trade

As HarperCollins prepares to integrate Houghton Mifflin Harcourt's trade division, the group's name—and 150 years of trade publishing history—will fade away. Continue reading at Publishers Weekly

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Wiley Cuts Financial Forecast for Fiscal 2020

John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at Publishers Weekly

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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

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HMH Trade Has Small Q1 Sales Gain

HMH attributed the sales rise in the first quarter of 2018 in part to higher print titles sales, but a change in the product mix of sales—last year HMH sold lots of 'The Handmaid's Tale' and '1984' ebooks—contributed to a slight rise in the quarterly net loss. Continue reading at Publishers Weekly

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Archer to Succeed Gentel at HMH Trade

Houghton Mifflin Harcourt Trade president Gary Gentel has announced that he is retiring in 2016, and will be succeeded by Ellen Archer, former president and publisher of Walt Disney Co.’s Hyperion Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
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Haynes sees profits tumble

Haynes Publishing Group saw an 11% revenue drop for the 12 months to end May 2015 at £26.1m, down from £29.3m the year before. Adjusted EBITDA at the car manuals publisher was down 20% to £8.7m (£10.9m in the year to end May 2014) while operating profit fell 35.5% to to £3.1m (from... Continue reading at The Bookseller

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Good Start for HMH Trade

Sales in Houghton Mifflin Harcourt’s trade division rose 5% in the first quarter ended March 31, 2105 over the first quarter of 2014 and the loss was trimmed. Continue reading at Publishers Weekly

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Sales Up, Earnings Down at HMH Trade

Sales at Houghton Mifflin Harcourt’s trade segment rose 1.5% in the third quarter of 2014 compared to the same period last year, rising to $46.5 million. Adjusted EBITDA , however, dropped 16.3% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
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The Tortured History of HMH

Born under a mountain of debt in late 2007, Houghton Mifflin Harcourt forced its executives to spend as much time finding ways to keep the company financially afloat as publishing educational materials and trade and reference books. That is one reason why when HMH filed for Chapter 11 protection... Continue reading at Publishers Weekly

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