Scholastic Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended February 29, 2024
For the nine months, sales was USD 1,114.8 million compared to USD 1,175.7 million a year ago. Net loss was USD 23.8 million compared to net income of USD 10.6 million a year ago. Basic loss per share from continuing operations was USD 0.8 compared to basic earnings per share from continuing operations of USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 0.8 compared to diluted earnings per share from continuing operations of USD 0.3 a year ago.