Scholastic Corp (SCHL) Tops Q1 EPS by 3c

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Scholastic Reports First Quarter Fiscal 2016 Results

September 24, 2015 7:00 AM EDT

NEW YORK, Sept. 24, 2015 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported results for the Company's fiscal 2016 first quarter ended August 31, 2015. 

Revenue in the first quarter was $191.2 million, compared to $190.5 million a year ago, an increase of $0.7 million.  Reported revenues no longer include the Company's former educational technology and services business (EdTech), which was sold at the end of the prior fiscal year.  The Company reported a first quarter loss per share from... More