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Scholastic Fiscal Q3 Loss Narrows, Revenue Rises
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Scholastic Fiscal Q3 Loss Narrows, Revenue Rises
Mar 20, 2025 1:43 PM

04:22 PM EDT, 03/20/2025 (MT Newswires) -- Scholastic (SCHL) reported late Thursday a fiscal Q3 loss, excluding one-time items, of $0.05 per diluted share, narrowing from the loss of $0.80 a year earlier.

A single analyst polled by FactSet expected a loss of $0.78.

Revenue in the three months ended Feb. 28 rose to $335.4 million from $323.7 million a year earlier.

A single analyst surveyed by FactSet expected $347.7 million.

The company expanded its share repurchase authorization to $100 million.

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