Harlequin’s parent company Torstar reported third quarter results Wednesday for the period ending September 30. The book publishing unit had sales of $115.7 million (CA), down slightly by $1.8 million, (or less than 1 percent), largely due to foreign exchange rates but buffered by the benefits of the other half of Harlequin’s German business at the beginning of the second quarter of 2010, to the tune of $700,000. EBITDA was up for the third quarter by $600,000 (or 2.4 percent) to $24.8 million, with, as always, “digital revenue growth more than offsetting declines in print retail and direct-to-consumer revenues.” Those […]
