Harlequin’s Bad Year Ends, and They Say It’s Improving Every publisher based in another country with a big American division faces the problem of trying to explain in numbers why business was ok until you take into account the ever-weakening dollar but no one makes the process more elaborate than Harlequin parent Torstar. Perhaps because the company has suffered from a variety of challenges for a while now, you pretty much need an advanced degree in excuses to really understand their earnings releases. They allow for currency differences; they translate “underlying” revenue changes; they calculate what would have happened if […]
