Scholastic Reports Q1 Non-GAAP EPS Loss of $3.63, Revenue Misses Estimates
In its first-quarter financial report, Scholastic (NASDAQ:SCHL) reported a non-GAAP earnings per share loss of -$3.63, which missed analysts' expectations by $0.21. The company's revenue came in at $216.8 million for the quarter, down 3.9% year-over-year and below estimates by approximately $7.89 million. Despite missing both earnings and revenue forecasts, Scholastic maintained its full-year fiscal 2027 outlook, projecting revenue growth of around 2% to 4%. The company also reaffirmed guidance for Adjusted EBITDA performance.
Topics: Earnings Revenue Miss