Business in the Burbs

Haights reports rise of revenue amid net loss

June

Haights Cross Communications, a White Plains-based publisher of educational and library products, today reported a $12.6 million loss for its first quarter compared to a $12.5 million loss for the comparable quarter last year. Revenue was up 2.8 percent to $52.9 million from $51.5 million in the first quarter 2006. The increase reflected growth in the Library, Test-prep and Intervention, and Medical Education segments and was offset by a continued decline in the K-12 Supplemental Education segment, the company reported.

This entry was posted on Wednesday, June 20th, 2007 at 5:48 pm by Alison Bert. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Earnings season

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