Scholastic, Inc. (News in Brief).Scholastic, Inc. (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) has reported $306.9 million in revenue for the first quarter ending Aug. 31 compared to. $306 ..l million for the first quarter last year. The company had a net loss for the quarter of $44.6 million compared to a net loss of $37 million last year. Revenues were -0.6% for the Children's Book division, -4% for the Educational Publishing division and -6.6% for Scholastic's Media, Licensing and Advertising division. The company's International unit posted a revenue increase of 12% to $61.6 million. |
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