Barnes & Noble Education: Fiscal Q4 Earnings Snapshot
Posted June 29, 2021 1:36 pm.
Last Updated June 29, 2021 1:47 pm.
This article is more than 5 years old.
BASKING RIDGE, N.J. (AP) _ Barnes & Noble Education Inc. (BNED) on Tuesday reported a loss of $44.4 million in its fiscal fourth quarter.
The Basking Ridge, New Jersey-based company said it had a loss of 86 cents per share. Losses, adjusted for non-recurring costs, came to 64 cents per share.
The operator of book stores on college campuses posted revenue of $222.8 million in the period.
For the year, the company reported that its loss widened to $131.8 million, or $2.65 per share. Revenue was reported as $1.43 billion.
Barnes & Noble Education shares have risen 86% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.67, increasing fivefold in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BNED at https://www.zacks.com/ap/BNED
The Associated Press
