Harper’s Quarter HarperCollins’ first quarter results fell back to earth, with sales dropping almost 6 percent to $368 million, and profits falling more than 21 percent to $55 million — albeit in comparison to the company’s best quarter ever this time a year ago. CEO Jane Friedman says the difference “is all Narnia” and that final results for the quarter “were ahead of our own expectations.” Narnia accounted for a total of $104 million in revenues in the last fiscal year. It is, however, the third consecutive quarterly year-on-year decline in revenues for the company and due to the Narnia […]
