NEW YORK — Barnes & Noble Inc. (BKS) on Tuesday reported a loss of $28.4 million in its fiscal first quarter.
The New York-based company said it had a loss of 56 cents per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The bookseller posted revenue of $1.24 billion in the period.
Barnes & Noble shares have climbed 57 percent since the beginning of the year. The stock has climbed 74 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. A stock research report on BKS from Zacks is available at: http://www.zacks.com/ap/BKS
Keywords:Barnes & Noble,Earnings Report
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