• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register
Publishers Lunch logo Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
Login Sign Up
  • Personnel
  • AI
  • Compensation
  • Unions
  • Book Bans
  • New Releases
  • Earnings
  • The Trial
  • Archives
Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
  • Publishers Marketplace
  • Site Guide
  • Help

August 9, 2012By Sarah Weinman

Indigo First Quarter Sales Dip But Loses Less Money

August 9, 2012By Sarah Weinman

For their fiscal first quarter ending June 30, Indigo reported sales from continuing operations of C$186.5 million, down 1.8 percent from a year ago, with a net loss of C$5.5 million, significantly less than the $12 million the company lost a year ago. The revenue drop was primarily “driven by lower Kobo eReader sales when compared to the strong launch of the Kobo Touch in the same period last year” and by Indigo closing 8 stores over the past year. The narrowed net loss came about thanks to “improvements in net margins and lower operating expenses” and no longer having […]

Login to read full story

Filed Under: Earnings Reports, Publishers

sidebar

Primary Free Sidebar

Login

Forgot Password Quick Pass User Login
Get Full Access
The Publishing Industry’s Essential Daily Read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • PRH Takes Over Distro for Boom Studios, Titles No Longer Available to Libraries via Comics Plus May 20, 2025 Bleeding Cool
  • UK's House of Lords Continues to Block House of Commons From Handing Over IP to AI Companies May 20, 2025 BBC
  • Noxious Texas Bill Criminalizing Bookselling Appears Dead for This Term May 20, 2025 KERA
  • Many Adidas Shareholders Want A New Chair, But Bertelsmann Chief Thomas Rabe Gets Another Year May 16, 2025 Fashion United
  • Connecticut House Approves Unconstitutional Bill that Would Lead Publishers to Stop Licensing eBooks to Libraries There May 16, 2025 CT Mirror
  • Amazon Cuts 100 Jobs in the Devices and Services Unit (Which Includes Kindle Readers) May 15, 2025 Reuters
  • Rushdie Withdraws As Claremont McKenna Graduation Speaker After Muslim Students Object May 15, 2025 LA Daily News
  • Spotify Connects Music to 33 1/3 Audiobooks May 13, 2025 Spotify
  • In Soft Art Market, Riggio Collection Garners $272 Million at Christie's, Below Estimates May 13, 2025 NYT
  • The New Yorker On The Fiction Being Published On Substack May 12, 2025 The New Yorker
Publishers Marketplace logo

Contact Us

News

  • Publishers Marketplace
  • Report News
  • Discuss
  • Classifieds
  • Rights Offerings

Deals

  • Report A Deal

Books

  • Buzz Books

Jobs

  • Job Board
  • Privacy Policy Terms of Use