Barnes & Noble Education, Inc. reported earnings results for the third quarter and nine months ended January 27, 2024. For the third quarter, the company reported sales was USD 41.3 million compared to USD 44.31 million a year ago. Revenue was USD 456.67 million compared to USD 438.05 million a year ago. Net loss was USD 9.64 million compared to USD 25.05 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.42 a year ago. Basic loss per share was USD 0.18 compared to USD 0.48 a year ago.
For the nine months, sales was USD 93.49 million compared to USD 96.56 million a year ago. Revenue was USD 1,331.21 million compared to USD 1,301.36 million a year ago. Net loss was USD 35.85 million compared to USD 55.61 million a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.92 a year ago. Basic loss per share was USD 0.68 compared to USD 1.06 a year ago.