Scholastic FY27 Q1 net loss widens 33% to $71.2 million; revenue falls 4% to $216.8 million

Bitget2026/09/24 20:02

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Scholastic posted a fiscal 2027 first-quarter net loss of USD 71.2 million, with diluted loss per share widening to USD 3.77.
Revenue fell 4% to USD 216.8 million versus the prior-year quarter.
Operating loss was USD 92.2 million, unchanged year over year.
Net cash used in operating activities widened to USD 94.6 million, while free cash flow use increased to USD 110.8 million.
CEO Peter Warwick cited book fair bookings ahead of last year, stronger Entertainment production activity, and pressure on Education budgets and spending.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scholastic Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609241601PR_NEWS_USPR_____NY56443) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Scholastic FY27 Q1 net loss widens 33% to $71.2 million; revenue falls 4% to $216.8 million

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