TITLE

Thomas Nelson Q2 Revenues Dips 3%; Company Mulls Acquisitions

PUB. DATE
November 2004
SOURCE
Book Publishing Report;11/15/2004, Vol. 29 Issue 44, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the financial performance of Thomas Nelson for its second quarter ending September 30, 2004. The company's revenues fell 3%, from $63.8 million to $61.9 million, in the period, compared to the same period last year. Net income also fell 3%, from $6.6 million to $6.4 million. Chairman and CEO Sam Moore said the release schedule of new books would be heavier during the second half of the year. The company hinted that it may acquire small publishing companies in the near future.
ACCESSION #
15116638

 

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