Nook Growth Remains Moderate in Barnes & Noble's Second Quarter, Weighing On Share Price

by on November 29, 2012 in Booksellers, Earnings Reports

For the second straight quarter, Barnes & Noble beat Wall Street's diminished expectations, with a reduced net loss of 4 cents a share (or $7 million) versus the predicted loss of 6 cents to 11 cents. EBITDA rose as well at $64.8 million, a 16 percent increase compared to a…

Login to read more, or join Publishers Marketplace as a member