-+ 0.00%
-+ 0.00%
-+ 0.00%

EDC FY27 Q1 net loss widens to $1.4 million; net revenues fall 33.09% to $4.8 million

PUBT·07/09/2026 20:01:24
Listen to the news
EDC FY27 Q1 net loss widens to $1.4 million; net revenues fall 33.09% to $4.8 million
  • Educational Development posted a fiscal Q1 net loss of USD 1.4 million, widening from USD 1.08 million a year earlier.
  • Loss per share widened to USD 0.16 from USD 0.13 on lower net revenues, which fell 33% to USD 4.76 million.
  • Average active PaperPie Brand Partners declined to 5,300 from 7,700.
  • Craig White said cash rose to USD 1.8 million at May 31 from USD 1.3 million at Feb. 28, helped by promotions.
  • White said the fiscal 2027 cost plan targets over USD 1.2 million in general and administrative savings; Q1 included a USD 0.1 million write-down.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDC - Educational Development Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-002865), on July 09, 2026, and is solely responsible for the information contained therein.