Scholastic (SCHL) reported late Thursday a fiscal Q3 loss, excluding one-time items, of $0.05 per diluted share, narrowing from the loss of $0.80 a year earlier.

A single analyst polled by FactSet expected a loss of $0.78.

Revenue in the three months ended Feb. 28 rose to $335.4 million from $323.7 million a year earlier.

A single analyst surveyed by FactSet expected $347.7 million.

The company expanded its share repurchase authorization to $100 million.