Houghton Mifflin Harcourt (HMHC) Poss Q4 Loss of $1.48/Share

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Houghton Mifflin Harcourt Announces Full Year 2016 Results

February 23, 2017 7:13 AM EST

BOSTON, Feb. 23, 2017 /PRNewswire/ -- Global learning company Houghton Mifflin Harcourt ("HMH" or the "Company") (NASDAQ: HMHC) today announced its financial results for the fourth quarter and full year ended Dec. 31, 2016.

Full Year 2016 Financial Highlights: 

Net sales for the full year were $1,373 million, a 3% decrease compared with $1,416 million in 2015. 2016 billings were $1,410 million, an 8% decrease compared with $1,541 million in 2015. Net loss increased to $285 million in 2016, compared to $134 million in the year prior. Adjusted... More