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June 4, 2013By Michael Cader

Harper Shares Data on Light Third Quarter; Shows Investors Profitability of eBook

June 4, 2013By Michael Cader

Overlooked in the run up to BEA was the “investor day” presentations regarding the new News Corp., held in New York last Tuesday, and the release of additional financial data through the company’s fiscal third quarter. In early May when the parent company reported results through March 31, they did not break out HarperCollins’ third quarter performance — but it can be derived out of the new year-to-date data. For the period, Harper recorded sales of $311 million (their lightest quarter of the fiscal year so far) and EBITDA of $29 million. eBooks comprised 21.3 percent of Harper’s sales in […]

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