Improvement at Penguin and Pearson Pearson’s earnings report for the first six months of their fiscal year is filled with palpable signs of relief. The big Pearson Education division has started to deliver the strong results that were expected (and promised) for this year, with sales up 14 percent overall, driven by an even larger increase at their big K-12 School unit. Meanwhile, Penguin “has made a solid start to… a transitional year, in line with expectations.” Which means the publisher is past its UK warehouse problems and layoffs from earlier this year and a weak holiday stretch in the […]
