*Third quarter revenue of $436.5 million, up 3% over prior year on a constant currency basis (flat on a US GAAP basis) primarily due to the impact of shifting to time-based journal subscriptions (+$29M) *Third quarter journal subscription revenue up 23% on a constant currency basis (+19% US GAAP) primarily due to the impact of shifting to time-based journal subscriptions (+$29M); excluding the impact of the subscription shift and currency, journal subscription revenue was even *Third quarter adjusted EPS of $0.92, up 37% on a constant currency basis primarily due to shift to time-based subscriptions (+$0.33). Adjusted EPS excludes certain charges and credits further described below and in the attached financial schedules. EPS on a US GAAP basis was $0.82. click Read More below for additional detail
In January 2019, publisher revenue for trade (consumer) books was $543.8 million, down -3.2% from January 2018, according to the Association of American Publishers StatShot Monthly report. Among the three trade book categories, increased revenue for Religious Presses (8.1%) and Children’s/Young Adult (4.3%) in January 2019, partially offset a decline in Adult Books (-7.3%) for the same period in 2018. Revenue for trade books includes sales to bookstores, wholesalers, direct to consumer, online retailers, etc.
Overall participating publisher revenue was $1.06 billion in January 2019, down from $1.11 billion in 2018 (-3.8%) for all tracked categories (Trade, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing and University Presses).
much more detail at: https://newsroom.publishers.org/aap-statshot-trade-publisher-revenue-from-religious-presses-and-childrensya-increased-in-january-2019/