• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register
Publishers Lunch logo Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
Login Sign Up
  • Personnel
  • Earnings
  • New Releases
  • Book Bans
  • The Trial
  • Unions
  • Compensation
  • Archives
Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
  • Publishers Marketplace
  • Site Guide
  • Help

October 30, 2023By Katy Hershberger

Pearson Higher Ed Sales Fall, As Expected

October 30, 2023By Katy Hershberger

Pearson announced a brief trading update for the third quarter, with overall sales up 2 percent (3 percent excluding OPM and businesses under strategic review). The Higher Education division, however, fell 8 percent, “driven by pricing mix impact” and the “deferral of revenue into Q4 this year” as the company’s digital platforms and Pearson+ continue to grow. Elsewhere in the company, Assessment & Qualification sales grew 11 percent, English Language Learning grew 21 percent, and Workforce Skills was up 3 percent. Virtual Learning sales were down 29 percent in the quarter. “This third quarter performance illustrates the continuing momentum across […]

Login to read full story

Filed Under: Earnings Reports, Publishers

sidebar

Primary Free Sidebar

Login

Forgot Password Quick Pass User Login
Get Full Access
The Publishing Industry’s Essential Daily Read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • S&S Signs Haberman and Swan Book About "Donald Trump's Final Act in Public Life" November 27, 2023 Axios
  • Barnes & Noble is ending support for older Nook e-readers November 17, 2023 The Verge
  • Publishing Coalition Files Brief with Appeals Court Asking to Uphold Ruling Blocking Texas's "Reader" Book Banning Law November 14, 2023 Filing
  • Entangled Acknowledges "Printing Errors" On Yarros's Just-Released IRON FLAME: "We are committed to making this right" with Exchanges November 11, 2023 Variety
  • Bridgewater Says THE FUND "Is ridiculous and couldn't be any further from the truth" November 8, 2023 Press Release
  • Librarians Fired for Refusing Book Bans Try Filing Discrimination Claims with the EEOC November 8, 2023 AP
  • What 35 Years of Data Can Tell Us About Who Will Win the National Book Award November 7, 2023 Public Books
  • "Silent Book Clubs" Gain In Popularity November 7, 2023 WSJ
  • WH Smith Launches Program to Buyback Used Books for Credit (With A Partner That Will Then Resell the Used Books) November 2, 2023 Company site
  • Abu Dhabi's Mubadala (Which Bid on Simon & Schuster) May Invest Further In Silver Lake's Bid to Take Endeavor Private November 2, 2023 Bloomberg
Publishers Marketplace logo

Contact Us

News

  • Publishers Marketplace
  • Report News
  • Discuss
  • Classifieds
  • Rights Offerings

Deals

  • Report A Deal

Books

  • Buzz Books

Jobs

  • Job Board
  • Privacy Policy Terms of Use