Barnes & Noble Education Reports First Quarter Fiscal Year 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Barnes & Noble Education (BNED) Tops Q1 EPS by 12c, Revenues Miss
August 27, 2019 8:34 AM EDTBarnes & Noble Education (NYSE: BNED) reported Q1 EPS of ($0.68), $0.12 better than the analyst estimate of ($0.80). Revenue for the quarter came in at $319.7 million versus the consensus estimate of $327.57 million.
Financial highlights for the first quarter 2020:
Consolidated first quarter sales of $319.7 million decreased 5.3%, as compared to the prior year period.Consolidated first quarter GAAP net loss of $(32.2) million, compared to net loss of $(38.6) million in the prior year period. Consolidated first quarter non-GAAP Adjusted Earnings of $(30.1) million, compared to $(38.6) million in the prior year period.Consolidated first quarter non-GAAP Adjusted... More