HarperCollins reported a good fiscal second quarter, ending December 31, 2013, with sales rising 4 percent $391 million and EBITDA gaining further, up by a third to $68 million (compared to sales of $377 million and EBITDA of $51 million a year ago). The company cited “the higher contribution to profits from ebooks and ongoing operational efficiencies coupled with higher revenues” for the strong earnings, with sales led by Veronica Roth’s Divergent series, and a good performance from their general books and children’s divisions. eBook sales were 39 percent higher than a year ago, but comprised 17 percent of all revenues, […]
