With revenue up 5.4% in the quarter ended Oct. 1, 2016 over the same period a year ago, Indigo CEO Heather Reisman said she is feeling confident about prospects for the holiday season.
Sales in Houghton Mifflin Harcourt's trade division rose 5.9% in the the third quarter ended September 30, 2016 compared to a year ago. With sales in the education group down, total revenue at HMH dropped 7% in the quarter.
SEATTLE--Oct. 27, 2016-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2016. Operating cash flow increased 49% to $14.6 billion for the trailing twelve months, compared with $9.8 billion for the trailing twelve months ended September 30, 2015. Free cash flow increased to $8.6 billion for the trailing twelve months, compared…
Operating income rose 42% in the third quarter of 2016, over last year, but the increase was less than analysts had been expecting. Total sales rose 29%.
Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter.
The Publishers Weekly Stock Index increased 5.9% in September, but that gain was due almost entirely to the jump in the share price of Amazon, which rose $68.15 to close the month 8.9% ahead of its price at the end of August.