Scholastic Corp (SCHL) reported Q2 EPS of $2.12, versus $1.91 reported last year. Revenue for the quarter came in at $587.9 million, versus $524.2 million reported last year.
Outlook:
On the basis of the Company's current operating momentum, financial results year-to-date and fourth quarter expectations, Scholastic is affirming its fiscal 2023 guidance for Adjusted EBITDA (as defined in the accompanying tables) of $195 million to $205 million and revenue growth of 8% to 10%.