Earnings ·
Scholastic reports Q1 revenue of $216.8M, down 4%, with diluted loss per share of $3.77
SCHLScholastic Corp
Scholastic Corporation reported fiscal 2027 first-quarter results ending August 31, 2026, with revenues declining 4% to $216.8 million from $225.6 million in the prior year period. The company posted an operating loss of $92.2 million and a diluted loss per share of $3.77. Adjusted EBITDA was a loss of $63.6 million, compared to a $55.7 million loss previously. Scholastic affirmed its full-year fiscal 2027 guidance for revenue growth of approximately 2% to 4% and Adjusted EBITDA between $135 million and $145 million. The company returned approximately $29.6 million to shareholders through share repurchases and dividends, including the repurchase of 630,850 shares for $25.8 million and $3.8 million in dividends. Scholastic Corporation operates as a global children’s publishing, education, and media company.