Barnes & Noble Education: Fiscal Q4 Earnings Snapshot
BASKING RIDGE, N.J. (AP) — BASKING RIDGE, N.J. (AP) — Barnes & Noble Education Inc. (BNED) on Friday reported a loss of $46.3 million in its fiscal fourth quarter.
On a per-share basis, the Basking Ridge, New Jersey-based company said it had a loss of 88 cents. Losses, adjusted for restructuring costs and to account for discontinued operations, were 70 cents per share.
The operator of book stores on college campuses posted revenue of $241.8 million in the period.
For the year, the company reported that its loss widened to $101.9 million, or $1.94 per share. Revenue was reported as $1.54 billion.
The company’s shares closed at $1.64. A year ago, they were trading at $2.75.
_____
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