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Amazon Growth Continues in First Quarter On Slim Margins

Amazon reported first quarter sales after the close of the market on Thursday, with sales of $19.74 billion (up 23 percent) and net income of $108 million, or 23 cents a share, both almost exactly in line with analysts' admittedly low expectations. Shares were up nearly 4 percent during regular…

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Apple Outperforms In Quiet Quarter

Apple reported better than expected results for their fiscal second quarter on Wednesday afternoon, for the period ending March 29. Traditionally their quietest quarter, they still grew both sales ($45.6 billion) and net profit ($10.2 billion) in what ceo Tim Cook called "our strongest non-holiday quarter ever." In the areas we…

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Google Play Continues Growth

Google reported first quarter earnings Wednesday afternoon that were somewhat short of analysts' expectations on both sales and earnings. Our narrow interest in their earnings reports remains the hints regarding their expanding Play store. The category that includes Play results -- "other revenues" -- was up 48 percent compared to…

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Bezos's Annual Letter Includes Celebration of Kindle, Amazon Publishing and Audible

This year's annual letter to shareholders from Amazon ceo Jeff Bezos provides a tour of a "small subset of...initiatives" at the company. "Readers & Authors" is the second item, after a celebration of Prime: "We're investing heavily on behalf of readers. The all-new, high-resolution, high-contrast Kindle Paperwhite launched to rave…

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Combined Penguin Random House Revenue Measures Up To Last Year's Fifty Shades-Boosted Report

Berteslmann released its financial report for the fiscal year 2013, which included the first-ever annual revenues for the combined Penguin Random House entity. Including a half-year's worth of revenue from Penguin, total sales of €2.655 billion for PRH (plus Random House Germany, which remains a separate company, but was reported…

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Weak Sales Continue at Books-A-Million, With Q4 Profits

Books-A-Million reported fourth quarter and full year results Thursday afternoon. Unlike last year's 14-week quarter, a once-every-six-years occurrence, BAMM's current Q4 reverted to the usual 13 week period. Sales continued to decline, down 3.7 percent to $157.9 million compared to $163.9 million a year ago. Same-store sales continued their pattern…

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Sales and Earnings Dip in Scholastic's Third Quarter

Sales dipped at Scholastic in their fiscal third quarter, ending February 28, dropping $5 million to $373.5 million. Their seasonal net loss of $12.1 million was an improvement over the $20.1 million loss a year ago, though "solely the result of a favorable settlement of outstanding federal tax audits which…

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Profits Flat at Lagardere Publishing

As is their tradition, Lagardere followed up the headline reporting of 2013 sales from with additional reporting on their profits. On the already noted sales of €2.066 billion for Lagardere Publishing, recurring EBIT was flat at €223 million. Because sales fell 10 million euros, and EBIT was up €6 million…

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Wiley Stable In Third Quarter

Wiley reported adjusted third quarter sales of $458 million and operating income $77.6 million, both down slightly. The company took charges of $4.3 million in the quarter related to their ongoing restructuring program, and they expect to take another $10 million of charges in the fourth quarter. The company's reduced…

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HMH Advances Though Trade Falls In Fourth Quarter On "Normalized" Sales

Houghton Mifflin Harcourt reported fourth quarter 2013 sales of $299 million, up 6 percent, though trade sales for the period fell $6 million (or 12 percent) to $46 million, "as revenues normalized following higher Tolkien licensing revenue in 2012." Trade's adjusted EBITDA was much lower, down $8 million to $5…

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