Scholastic Finishes with Slightly Better Quarter Scholastic reported slight improvement in fourth quarter income to $40.4 million, up $2 million from a year ago, on revenue of $612 million, up almost $11 million. In the release, CEO Dick Robinson explains that results would have been even better except that they weren’t: “We achieved our goals of improving operating efficiencies in school book clubs and other core businesses, driving growth in educational technology and reducing costs across the Company. As a result of this strong performance, earnings and free cash flow would have significantly exceeded prior year results, except for the […]
