In line with a strong holiday for book sales, HarperCollins reported a big fiscal second quarter: Sales reached $540 million, up $102 million over the same quarter last year, and EBITDA rose to $104 million, compared to $63 million a year ago. (The holiday quarter in 2019 was a soft one for the publisher, however; two years ago they had second quarter sales of $496 million and EBITDA of $88 million.) The sales increase included $13 million from recent acquisitions (the Egmont businesses bought earlier in the year) and $5 million in foreign exchange gains. Acquisitions added $3 million to […]
