Fourth Quarter 2020 Summary: *GAAP Results: Revenue of $475 million (-3%) and EPS of -$2.83, primarily due to impact of unusual items totalling -$3.49 per share, including non-cash goodwill and trade name impairments *Strong momentum in Open Access research publishing and digital courseware *Addition of four new university partners in Education Services (Drake University, University of Iowa, Methodist University, and Point University). Fiscal Year 2020 Symmary: *GAAP results: Revenue of $1,831 million, and EPS of -$1.32 primarily due to fourth quarter non-cash goodwill and trade name impairments *Free Cash Flow of $173 million, up $24 million (+16%) from prior year *Digital products and tech-enabled services rose to nearly 80% of total revenue.
The Association of American Publishers (AAP) today released its StatShot report for October 2021 reflecting reported revenue for all tracked categories, including Trade (Consumer Books), K-12 Instructional Materials, Higher Education Course Materials, and Professional Publishing.
Total revenues across all categories for October 2021 were up 23.1% as compared to October 2020, coming in at $1.4 billion. Year to date revenues were up 13.7%, at $13.1 billion for the first ten months of the year.
Trade (Consumer Books) sales were up 16.8% in October, coming in at $1.1 billion. Religious press revenues were up 29.4% in October, coming in at $71.3 million. During October of 2021 Education revenues were $284.4 million, up 62.4% compared with October of 2020. Professional Books, including business, medical, law, technical and scientific, were up 5.3% during the month, coming in at $29.5 million.
more at source: https://publishers.org/news/aap-october-2021-statshot-report-publishing-industry-up-23-1-for-month-and-13-7-year-to-date/