Houghton Mifflin Loss Widens; Revenue Up 5.9%

Houghton Mifflin Harcourt Co. HMHC +3.87% said its fourth-quarter loss widened on higher expenses in its first quarterly report since the company went public.
The publisher of popular titles such as "Curious George" and J.R.R. Tolkien's "The Hobbit" expects revenue growth for the year between 5% and 8%, mainly on continued growth in its education segment. Analysts polled by Thomson Reuters were looking for 8% growth to $1.47 billion.