04:27 PM EDT, 03/19/2026 (MT Newswires) -- Scholastic (SCHL) reported a fiscal Q3 adjusted loss late Thursday of $0.15 per diluted share, widening from a loss of $0.05 a year earlier.

Two analysts polled by FactSet expected a loss of $0.37.

Revenue for the three months ended Feb. 28 was $329.1 million, down from $335.4 million a year earlier.

Two analysts surveyed by FactSet expected $331.0 million.

The company reaffirmed its fiscal 2026 adjusted EBITDA guidance of $146 million to $156 million.

The firm also said its board has authorized the repurchase of up to $200 million of its shares through a modified "Dutch Auction" tender offer.