B&N Earnings: Nook Simple Touch Drags Revenues Down, Digital Content Sales Up
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Barnes & Noble reported Q4 revenues of $1.4 billion for the period ended April 28, on losses of $1.08 per share. Following Microsoft’s $300 million investment during the quarter, B&N is now breaking out the Nook segment separately in its earnings. Nook revenues were $164 million for the quarter and $933 million for the fiscal year ending April 28.
Nook Simple Touch hurts revenues, but digital content sales increase
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- Companies:
- Barnes & Noble Inc.
- Microsoft Corp.
- People:
- Barnes
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