BASKING RIDGE, N.J. (AP) _ Barnes & Noble Education Inc. (BNED) on Tuesday reported a loss of $48.3 million in its fiscal third quarter.
On a per-share basis, the Basking Ridge, New Jersey-based company said it had a loss of 96 cents. Losses, adjusted for one-time gains and costs, were 51 cents per share.
The operator of book stores on college campuses posted revenue of $411.6 million in the period.
Barnes & Noble Education shares have increased 59% since the beginning of the year. The stock has more than doubled in the last 12 months.
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