FLORHAM PARK, N.J. (AP) — FLORHAM PARK, N.J. (AP) — Barnes & Noble Education Inc. (BNED) on Tuesday reported a loss of $18.3 million in its fiscal first quarter.
On a per-share basis, the Florham Park, New Jersey-based company said it had a loss of 54 cents. Losses, adjusted for non-recurring costs, were 47 cents per share.
The operator of book stores on college campuses posted revenue of $288.2 million in the period.
Barnes & Noble Education shares have declined roughly 5% since the beginning of the year. The stock has dropped 22% in the last 12 months.
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