Press Release: Scholastic Reports First Quarter Fiscal 2015 Results
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Classroom and Supplemental Materials Publishing. Segment revenue was $42.8 million, an increase of $5.0 million, or 13%, compared to $37.8 million in the prior year period. This increase was driven by higher sales of the Company's classroom books and guided and leveled reading programs, including the Guided Reading Blue 2nd Edition with a non-fiction focus. Segment operating loss improved to $0.5 million, compared to the prior year operating loss of $1.6 million, due to the increased sales of the segment's guided reading programs and classroom books in the current quarter.
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- Companies:
- Scholastic Inc.
- Places:
- New York City
- U.S.
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