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Paychex Reports Second Quarter Results
- Scholastic reported a 1% revenue increase to $551.1 million in the second quarter, mainly due to strong performance in Children's Book Publishing and Distribution.
- Operating income for Scholastic rose by 11% to $82.9 million compared to $74.7 million the previous year.
- Adjusted EBITDA for Scholastic improved by 13% to $122.5 million during the quarter.
- Scholastic expects full-year revenue to be in line with or modestly above the prior year due to solid growth in Children's Book Publishing.
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27 Articles
Coverage Details
Total News Sources27
Leaning Left1Leaning Right4Center11Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
C 69%
R 25%
Factuality
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