Publishers

Bloomsbury reported earnings for the first half of the fiscal year, ended August 31, with sales down 5 percent to £151.6 million. Adjusted profit before taxation and highlighted items was £16.8m, down 30 percent. In a release, the company called the results “a strong start” in a press release (even though they aren’t) and emphasized that they expect growth to come from the second half of the year, which will have two new Sarah J. Maas books and the premiere of a new HBO Harry Potter series. “We are progressing with key operational changes to support growth and enhance profitability […]

Lagardere released its earnings report for the third quarter, posting overall publishing sales of €836 million, a new record for the quarter, driven by English and Spanish-language books. That’s a gain of 3 percent as reported or 1 percent on a like-for-like basis, against sales of €811 million a year ago. The rebound of the US dollar and pound sterling following a decline earlier this year produced a €5 million positive currency effect. The topline increase is due in part to their acquisition of Kogan Page this spring. In the US, sales grew 4 percent in the quarter due to […]

Scholastic announced financial results for the first quarter ended August 31, with sales down 4 percent to $217 million, due to lower sales in the Education and Children’s Book Publishing and Distribution divisions, plus the loss of rental income on their New York City office building. Operating loss was even with the previous year at $(92.2) million, including a one-time charge of $3.5 million. Adjusted EBITDA fell 14 percent to $(63.6) million based on stronger sales in the Entertainment and International segments, but higher overhead costs. Sales in Children’s Book Publishing and Distribution fell 3 percent to $105.8 million. Trade book sales were […]

Wiley reported earnings for the first quarter of fiscal year 2027 ended July 31, with sales of $386 million, down 3 percent from $397 million in the same period the previous year.  Operating income was $2.9 million compared to $31 million last year. Adjusted EBITDA fell 4 percent to $67.8 million. Income from AI licenses was $14 million. “We delivered the quarter we planned for, and the momentum between Research and AI keeps building: Research is fueling the trusted content that accelerates AI, and AI is driving the productivity that accelerates Research,” president and ceo Matthew Kisner said in a […]

Bertelsmann reported results for the first half of 2026, with sales at Penguin Random House of €2.376 billion, up €53 million (or 2.3 percent), helped by the integration of Wonderbly, acquired in June 2025. Operating EBITDA adjusted fell modestly again, down to €251 million, €4 million lower than a year ago, “due to higher costs and negative exchange rate effects.” Penguin Random House US “recorded a slight increase in revenue” as “the audiobook publishing business also made positive contributions,” at €1.381 billion, compared to €1.376 billion a year ago. In dollars, the performance looks better, translating to $1.611 billion this […]

McGraw Hill announced results for the first quarter ended June 30, reporting sales up 3 percent to $550 million, higher than expectations. EBITDA was $198 million, up 7 percent, and adjusted EBITDA grew 8 percent to $207 million. Net income of $57.9 million was a big improvement from less than $1 million a year ago. Shares were up over 11 percent in the first hour of trading on Thursday on the stronger than expected sales and improved earnings. “McGraw Hill’s strong start to fiscal year 2027 reflects the strength of our strategy and the trust that millions of educators and […]