Scholastic Corp (SCHL) Misses Q3 EPS by 11c

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Go back to Scholastic Corp (SCHL) Misses Q3 EPS by 11c

Scholastic Reports Fiscal 2017 Third Quarter Results

March 23, 2017 7:00 AM EDT

NEW YORK, March 23, 2017 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal 2017 third quarter ended February 28, 2017.

Revenue as reported in the third quarter was $336.2 million, compared to $366.0 million a year ago, a decrease of 8% versus the prior year period. The operating loss for the third quarter of fiscal year 2017 increased to $23.6 million compared to an operating loss of $16.4 million in... More