Scholastic up after reporting third-quarter profit

Shares of publishing firm Scholastic SCHL.O up 9.5% at $37.49 after the bell

Co reports Q3 EPS of $2.55 vs loss of 13 cents last year

In Q3, Scholastic's "children's publishing, entertainment and distribution businesses continued to prove their strength, led by solid performance in book fairs, and underpinned by our iconic franchises across formats and platforms," CEO Peter Warwick says

Co also reaffirms annual adjusted EBITDA forecast

However, co quarterly revenue drops 2% to $329.1 million

SCHL up ~39% in 2025