Barnes & Noble Reports Fiscal 2012 First Quarter Financial Results
Digital Content Sales Quadruple, BN.com Comparable Sales Increase 65%, Fiscal 2012 EBITDA Expected to Increase 30% to 50%
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The company expects full year earnings before interest, taxes, depreciation and amortization (EBITDA) to be in a range of $210 million to $250 million, representing a 30% to 50% increase as compared to the prior year. This year's EBITDA forecast includes transaction, advisory and legal costs of approximately $15 million related to the strategic alternatives process and the recently completed $204 million investment made by Liberty Media in the company. The company expects full year losses per share to be in a range of $0.10 to $0.50.
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