02-14-2013, 02:17 AM
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#1
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Addict
Posts: 386
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Join Date: Feb 2009
Device: Kindle 3, Kindle PW2
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B&N expects Nook losses to increase in 2013
http://www.reuters.com/article/2013/...91D04120130214
Quote:
Barnes & Noble said it expects an earnings before interest, taxes, depreciation and amortization (EBITDA) loss at the Nook business to exceed the $262 million loss recorded in fiscal 2012.
Nook revenue this year is expected to be less than $3 billion, the company said in a statement.
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