Barnes & Noble Education: Fiscal 2Q Earnings Snapshot
BASKING RIDGE, N.J. (AP) _ Barnes & Noble Education Inc. (BNED) on Tuesday reported fiscal second-quarter earnings of $59.7 million.
The Basking Ridge, New Jersey-based company said it had net income of $1.25 per share. Earnings, adjusted for non-recurring costs, came to $1.26 per share.
The operator of book stores on college campuses posted revenue of $814.8 million in the period.
Barnes & Noble Education expects full-year revenue in the range of $2.2 billion to $2.3 billion.
Barnes & Noble Education shares have dropped 22 percent since the beginning of the year. The stock has risen roughly 6 percent in the last 12 months.