Scholastic today announced its results for the fiscal 2007 fourth quarter and full year and its outlook for fiscal 2008 – which promises to be a lot rosier with the imminent publication of HARRY POTTER AND THE DEATHLY HALLOWS. For the quarter ended May 31, 2007, net income increased to $40.4 million or $0.93 per diluted share, compared to net income of $38.4 million or $0.91 per diluted share in the prior year period. Revenues in the fourth quarter were $611.7 million versus $601.0 million in the prior year period. For the fiscal year, revenues were $2,179.1 million and net income was $60.9 million or $1.42 per diluted share.
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Starting July 16, workshop your novel in-progress with a published author! Erika Mailman's course will function as a workshop, with the emphasis on sharing your work for review and providing critiques for your peers. By the end of this class you'll have up to 75 pages of you novel workshopped and developed patterns to improve your writing. Register now!