NASHVILLE, Tenn. – Thomas Nelson Inc., the largest publisher of Christian books and Bibles in the world, announces quarterly earnings are up 20 percent – and attributes a big part of the gain to its strong partnership with WorldNetDaily.
The company’s net revenues for the three months ending March 31 were $60.2 million compared to $50.3 million in the prior year’s comparable quarter, an increase of $9.9 million or 20 percent.
“We have developed a strong relationship with WorldNetDaily (WND) and intend to develop additional book projects to appeal to this important constituency,” explained Chief Executive Officer Sam Moore. “‘The Savage Nation,’ which was No. 1 on the New York Times bestseller list for five weeks and, as of this date, remains in the top 10 on the list after 17 weeks, was our best-selling product in the fourth quarter and is now in our new WND division, which has several new product endeavors slated for release during the current fiscal year.”
Thomas Nelson’s Common stock and Class B Common stock is listed on the New York Stock Exchange (TNM-NYSE).