Scholastic Corporation Reports Earnings Results for the Third Quarter Ended February 28, 2021
March 18, 2021 at 04:01 pm EDT
Scholastic Corporation announced earnings results for the third quarter ended February 28, 2021. For the third quarter, the company announced sales was USD 277.5 million compared to USD 373.3 million a year ago. Operating loss was USD 24.2 million compared to USD 60 million a year ago. Net loss was USD 13.9 million compared to USD 43.3 million a year ago. For the nine months, sales was USD 898.9 million compared to USD 1,203.1 million a year ago. Operating loss was USD 32.4 million compared to USD 42.3 million a year ago. Net loss was USD 18.6 million compared to USD 30.8 million a year ago.