Wiley Has Disappointing Third Quarter

A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
News tagged with: #5% drop #operating loss #financial forecast

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Hachette UK first quarter sales down 5.2%

Hachette UK sales were down by 5.2% in the first quarter, due to lower ebook sales. Continue reading at The Bookseller

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Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at The Bookseller

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Wiley reaffirms 'flat' revenue for FY16

Wiley has reported third quarter revenue of $436m, a 3% decline year-on-year excluding foreign exchange fluctuations (a 6% decline without that exclusion). Continue reading at The Bookseller

[ The Bookseller | 2016-03-11 00:00:00 UTC ]
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Hachette UK sales drop 6.7% in fourth quarter

Hachette UK saw overall sales fall by 6.7% in the fourth quarter of the year due to lower ebook sales, with its parent company Lagardere Publishing saying that "market trends have reversed in the US and the UK". Continue reading at The Bookseller

[ The Bookseller | 2016-02-12 00:00:00 UTC ]
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Second Quarter Results Down at HarperCollins

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Connect Books' revenue up 1.2% in last quarter

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From Publisher to Artist: Drawn and Quarterly Founder Chris Oliveros’s ‘The Envelope Manufacturer’

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i-5 Publishing Launches New Quarterly, Lucky Puppy

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