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Haights Cross reports smaller loss

April
2

Haights Cross Communications Inc., a White Plains-based educational and library publisher, reported a net loss of $16.4 million during the fourth quarter, less than the net loss of $22.3 million a year earlier.

Revenue of $57.5 million was up 5.1 percent over a year earlier as the company benfited from growth in its test preparation, K-12 supplemental education and medical education businesses. In January, Haights Cross said it had completed a comprehensive review of its strategic alternatives and finalized plans to offer for sale all of its business assets.

This entry was posted on Wednesday, April 2nd, 2008 at 11:14 am by Jay Loomis.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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