Barnes & Noble soldiers on even as its Nook digital media division continues its precipitous decline.The beleaguered bookseller increased its earnings before interest, taxes, depreciation and amortization (a measure of profit) to $173 million for its fiscal third quarter, compared with $59 million a year ago.At the same time, its Nook digital media division had sales of $157 million, down 50% from a year ago; however, the company sharply narrowed its losses to $62 million for the quarter, down from $191 million a year ago.[Press Release]Barnes & Noble Reports Fiscal 2014 Third Quarter Financial ResultsConsolidated EBITDA of $173 millionCore Comparable Bookstore Sales Trend ImprovesNOOK® Losses Narrow on Cost Reductions, Device Strategy Shift and Comparisons to Prior Year ChargesBarnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2014 third quarter ended January 25, 2014.Third quarter consolidated revenues decreased 10.3%, to $2.0 billion, as compared to the prior year. Third quarter consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) increased from $59 million a year ago to $173 million. Prior year results were adversely impacted by $74 million of NOOK inventory-related charges. The remaining year-over-year EBITDA increase was primarily attributable to lower NOOK expenses.“During the third …read more

Via: Digital Book World