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Scholastic profit rises on "Hunger Games" sales
July 19 |
July 19 (Reuters) - Children's books publisher Scholastic Corp reported higher quarterly results, helped by s t rong sales of its popular "Hunger Games" trilogy.
Net income from continuing operations rose to $60.4 million, or $1.86 a share for the fourth quarter, from $26.3 million, or 83 cents a share, a year earlier.
Revenue for the company, which is also the U.S. publisher of the Harry Potter series, rose 24 percent to $678.5 million.
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