Thursday, June 27, 2013

Barnes & Noble Reports $118.6M Loss On Revenue Of $1.3B In Q4, Plans To Open Nook Brand To Tablet OEMs

Nook HD Nook HD+Barnes & Noble reported its fiscal fourth quarter earnings this morning, and the financials make it clear that the company is still struggling to figure out how it fits into the larger digital reading ecosystem. All told, BN reported a quarterly net loss of $118.6 million (compared to $56.9 million from the year ago quarter) which works out to a loss of $2.11 per share on $1.3 billion in revenue.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Xp1LO4_T4W0/

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