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April 28, 2023By Katy Hershberger

Pearson Higher Ed Sales Drop 5%, As Expected

April 28, 2023By Katy Hershberger

Pearson announced a brief trading update on results for the first quarter of 2023, with overall sales up 2 percent and sales excluding Online Program Management (which is up for sale) and international courseware local publishing (which is being wound down) were 6 percent. “Performance in each of Pearson’s divisions in line with or ahead of our expectations,” the company said in a release. Those expectations were low for Higher Education sales—the only actual publishing division remaining at what has become a testing, workforce skills and English language learning company: The dropped 5 percent, “including the anticipated deferral of Pearson+ sales […]

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Filed Under: Earnings Reports, Publishers

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