Scholastic share price plunge 13% after weak first quarter results

Scholastic share price [https://invezz.com/wp-content/uploads/2025/09/20250919_2358_Scholastic-Stock-Decline_simple_compose_01k5hkp554evqvafkcx6k8ykcn1.png] Shares of educational publishing and media company Scholastic (NASDAQ: SCHL) fell sharply on Friday, dropping 13.6% after the company reported weaker-than-expected first-quarter results. The performance missed Wall Street’s estimates on both revenue and earnings, overshadowing otherwise stable guidance and segmental growth in some areas. REVENUE AND EARNINGS MISS WEIGH ON SENTIMENT Scholastic posted revenue of $225.6 million for the quarter, representing a 4.9% year-over-year decline. The result fell short of analyst expectations and reflected broad weakness across some of the company’s core business lines. Adjusted loss per share widened to $2.52, missing both consensus forecasts and the prior year’s performance. The company’s profitability also deteriorated, with operating margins contracting and cash burn increasing significantly compared to the same quarter last year. While Scholastic exceeded expectations for adjusted EBITDA and provided full-year guidance slightly above market projections, these positives were not enough to offset the disappointment in top- and bottom-line performance. BUSINESS SEGMENT PERFORMANCE The decline in overall revenue was driven primarily by weakness in Scholastic’s Education Solutions unit, which fell 28% to $40.1 million. Management attributed…