EDUC - Earnings announcements

Tulsa, Oklahoma--(Newsfile Corp. - July 7, 2025) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company"), a publishing company specializing in books and educational products for children, today reports financial results for the fiscal first quarter ended May 31, 2025.First Quarter Summary Compared to the Prior Year First QuarterNet revenues were $7.1 million compared to $10.0 million.Average active PaperPie Brand Partners totaled 7,700 compared to 13,400.Loss before income taxes were $(1.4) million, compared to $(1.7) million.Net Loss totaled $(1.1) million, compared to $(1.3) million.Loss per share totaled $(0.13) compared to loss per share of $(0.15), on a fully dilut

Tulsa, Oklahoma--(Newsfile Corp. - May 11, 2023) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company"), a publishing company specializing in books and educational products for children, today reports financial results for the fiscal fourth quarter and fiscal year ended February 28, 2023.Year-to-Date Summary Compared to the Prior YearNet revenues of $87.8 million, a decrease of $54.4 million, or 38.3%, compared to $142.2 million.Average active PaperPie Brand Partners totaled 28,000 compared to 44,900.Earnings (loss) before income taxes were $(3.4) million, a decrease of $14.6 million, compared to $11.2 million.Net earnings (loss) totaled $(2.5) million, compared to $8.

Tulsa, Oklahoma--(Newsfile Corp. - January 5, 2023) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company"), a publishing company specializing in books and educational products for children, today reports financial results for the third quarter and year-to-date ended November 30, 2022.Third Quarter Highlights Compared to the Prior Year Third QuarterNet revenues were $30.3 million, a decrease of $14.8 million, or 32.8%, compared to $45.1 million.Average active direct-sales consultants totaled 27,100 compared to 41,500.Earnings before income taxes were $0.0 million, a decrease of $3.6 million, compared to $3.6 million.Net earnings totaled $0.0 million, compared to $2.6 mi

Tulsa, Oklahoma--(Newsfile Corp. - December 22, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company") (http://www.edcpub.com) provides updated Conference call ID information for upcoming earnings call.EDC will host its Third Quarter Fiscal 2023 Earnings Call, including a live Q&A webcast, on Thursday, January 5, 2023 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan O'Keefe, Chief Financial Officer and Secretary, and Randall White, Executive Chairman, will present the Company's third quarter results and be available for questions following the presentation. Phone lines for partici

Tulsa, Oklahoma--(Newsfile Corp. - October 6, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today reports financial results for the second quarter and year-to-date ended August 31, 2022.Second Quarter Highlights Compared to the Prior Year Second QuarterNet revenues were $19.4 million, a decrease of $13.6 million, or 41.2%, compared to $33.0 million.Average active UBAM sales consultants totaled 26,800 compared to 46,100.Earnings (loss) before income taxes was $(1.1) million, a decrease of $3.8 million, or 140.7%, compared to $2.7 million.Net earnings (loss) totaled $(0.8) million, compared to $1.9

Tulsa, Oklahoma--(Newsfile Corp. - July 6, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the first quarter for fiscal year 2023.First Quarter Highlights Compared to the Prior Year First QuarterNet revenues of $23.2 million, a decrease of $17.6 million, or 43.1%, compared to $40.8 million.Average active UBAM sales consultants totaled 32,200 compared to 55,100.Earnings before income taxes were $0.3 million, a decrease of $4.4 million, or 93.6%, compared to $4.7 million.Net earnings totaled $0.2 million, compared to $3.4 million, a decrease of $3.2 million, or 94.1%.Earnings per share totaled $0.03

Tulsa, Oklahoma--(Newsfile Corp. - May 4, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the fiscal fourth quarter and fiscal year ended February 28, 2022.Fiscal Year End Highlights Compared to the Prior YearNet revenues of $142.2 million, a decrease of $62.4 million, or 30.5%, compared to $204.6 million.Average active UBAM sales consultants totaled 44,900.Earnings before income taxes were $11.2 million, a decrease of $6.0 million, or 34.9%, compared to $17.2 million.Net earnings totaled $8.3 million, compared to $12.6 million, a decrease of $4.3 million, or 34.1%.Earnings per share totaled $0.98

Tulsa, Oklahoma--(Newsfile Corp. - January 6, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the third quarter and year-to-date ended November 30, 2021.Pre-COVID, COVID Impacted and Current Year Comparison"We are encouraged to report that we continue to exceed pre-pandemic levels in our fiscal third quarter with increases in net revenues and average number of consultants and improved after tax profitability on a year-to-date basis. Last year, due to multiple circumstances associated with the COVID-19 pandemic, we saw an unusually positive increase in the demand for our products which resulted in

Tulsa, Oklahoma--(Newsfile Corp. - December 22, 2021) - Educational Development Corp. (NASDAQ:EDUC), a publishing company specializing in books for children, today announced plans to release financial results for its third fiscal quarter ended November 30, 2021. The company will announce earnings after the close on January 6, 2022. Educational Development Corp. will also host an earnings conference call followed by a question-and-answer session to be held on January 6, 2022 at 4:30 PM Eastern Time.Conference CallDate: Thursday, January 6, 2022Time: 4:30 p.m. ET (3:30 p.m. CT)Toll-free dial-in number: (855) 639-3876International dial-in number: (602) 585-9973Conference ID: 3089317The conferen

Tulsa, Oklahoma--(Newsfile Corp. - October 7, 2021) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the second quarter and year-to-date ended August 31, 2021.Pre-COVID, COVID Impacted and Current Year Comparison"As a result of the pandemic, 2020 was a very unusual year for all companies. Ours was no exception. Fortunately, we saw an increase in demand for our products, and we were poised and ready to meet the opportunity. This demand anomaly resulted in record sales and record earnings," stated Craig White, President and CEO of Educational Development Corporation."This year, as the pandemic restrictions

Tulsa, Oklahoma--(Newsfile Corp. - October 5, 2021) - Educational Development Corp. (NASDAQ:EDUC), a publishing company specializing in books for children, today announced plans to release financial results for its second fiscal quarter ended August 31, 2021. The Company will announce earnings after market close on October 6, 2021. Educational Development Corp. will also host an earnings conference call followed by a question-and-answer session to be held on October 7, 2021 at 4:00 PM Eastern Time.Conference CallDate: Thursday, October 7, 2021Time: 4:00 p.m. ET (3:00 p.m. CT)Toll-free dial-in number: International dial-in number: (855) 639-3876Conference ID: 7783245The conference call will b