Scholastic Corp (SCHL) Reports Q1 Loss of $0.79/sh

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Scholastic Reports Fiscal 2022 First Quarter Results

September 23, 2021 4:01 PM EDT

NEW YORK, Sept. 23, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal first quarter ended August 31, 2021. Scholastic typically reports an operating loss and high cash utilization in its first fiscal quarter when most U.S. schools are not in session, however the Company recorded positive net operating cash flow in the current quarter.

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