"

Estimated reading time: 0 minutes, 39 seconds

BNA Results Sluggish

bnalogoblueNet income for the Bureau of National Affairs was down by 1.7 percent as revenue rose by revenue rose by only .8 percent for the 12 weeks ended June 18. The publishing company saw its different segments achieve mixed results as subscription revenue was upslightly but third-party online royalty revenue dropped $1.4 million.

BNA reported net income fell to $8.6 million, down from just under $8.8 million in last year's corresponding period. Revenue rose to $74.5 million in the most recently ended quarter, up from $73.9 million. The company's software operations, which contribute a disproportinate share of operating income, had revenue of just under $7.4 million, an increase of 1.8 percent from $7.3 million a year earlier.

 

The bulk of revenue comes from its legal, tax and regulatory operations, which has just over $58 million in revenue, virtually unchanged from a year earlier.

Read 3478 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.