HarperCollins reported sales for their fiscal first quarter, ending September 30, with two months worth of Harlequin incorporated — lifting revenues for the period to $406 million (compared to a low $328 million a year ago) and boosting EBITDA to $55 million (compared to $43 million a year ago). On an adjusted basis, leaving aside Harlequin and $5 million of currency fluctuations, Harper’s sales were $343 million (up 6 percent, after weak sales this time a year ago) and EBITDA was $53 million, up 23 percent. Parent company News Corp. credited the increased earnings to “higher revenues coupled with ongoing […]
