Scholastic Corp Q3 Loss Increases

Scholastic Corp (SCHL) released Loss for its third quarter that increased from last year

The company's bottom line came in at -$19.2 million, or -$0.57 per share. This compares with -$15.3 million, or -$0.44 per share, in last year's third quarter.

The company's revenue for the quarter fell 5.7% to $324.9 million from $344.5 million last year.

Scholastic Corp earnings at a glance (GAAP) :

-Earnings (Q3): -$19.2 Mln. vs. -$15.3 Mln. last year.
-EPS (Q3): -$0.57 vs. -$0.44 last year.
-Revenue (Q3): $324.9 Mln vs. $344.5 Mln last year.

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