Scholastic Corporation (NASDAQ:SCHL) has released its second quarter earnings for 2010. The company reported revenue from continuing operations at $660.1 million with earnings per diluted share of $1.54. The previous year earned $653.3 million with an earnings per diluted share of $1.55 during the same period. The financial results may be found on the company’s investor relations site, http://investor.scholastic.com/.
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The company reviewed the financial results on Thursday, December 17. Scholastic Chairman, President and CEO Richard Robinson, and Executive Vice President, CAO, and CFO Maureen O’Connell moderated the call. Interested parties may listen to a telephone replay of the call by dialing 888.203.1112, or 1.719.457.0820 for international callers and entering the access code 7260845. The replay will be available until February 5, 2010. A webcast and accompanying slides of the presentation will also be available on the company’s investor relations site.
Scholastic Corporation (Scholastic), together with its subsidiaries is a global children’s publishing, education and media company. The Company is the publisher and distributor of children’s books, and a developer of educational technology products. Scholastic also creates educational and entertainment materials and products for use in school and at home, including magazines, children’s reference and non-fiction materials, teacher materials, television programming, film, videos and toys. The Company is an operator of school-based book clubs and book fairs in the United States. It distributes its products and services through channels, as well as directly to schools and libraries, through retail stores and through the Internet. The Company operates in four business segments: Children’s Book Publishing and Distribution, Educational Publishing, Media Licensing and Advertising, and International.
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