Scholastic Reports Fiscal 2023 Third Quarter Results

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Scholastic Corp (SCHL) Reports Q3 Loss of $0.57/sh

March 23, 2023 4:02 PM EDT

Scholastic Corp (NASDAQ: SCHL) reported Q3 EPS of ($0.57), versus ($0.44) reported last year. Revenue for the quarter came in at $324.9 million, versus $344.5 million reported last year.

Outlook:

The Company has updated its guidance for fiscal year 2023 and now expects Adjusted EBITDA... More