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0.0255354200988469 0.0255354200988469 0.0296540362438221 -0.00329489291598023 -0.0733113673805601 -0.147446457990115 -0.147446457990115 -0.147446457990115
Stock impact report

Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2024 Results [Yahoo! Finance]

Educational Development Corporation (EDUC) 
US:NASDAQ Investor Relations: edcpub.com/investors.aspx
Company Research Source: Yahoo! Finance
specializing in books and educational products for children, today reports financial results for the fiscal fourth quarter and fiscal year ended February 29, 2024. Fiscal Year Summary Compared to the Prior Year Net revenues of $51.0 million compared to $87.8 million. Average active PaperPie Brand Partners totaled 18,300 compared to 28,000. Earnings before income taxes improved by $4.1 million to $0.7 million. Net earnings totaled $0.5 million, an increase of $3.0 million. Earnings per share totaled $0.07, compared to loss of $(0.31), on a fully diluted basis. Fourth Quarter Summary Compared to the Prior Year Fourth Quarter Net revenues were $9.0 million compared to $15.0 million. Average active PaperPie Brand Partners totaled 15,500 compared to 26,100. Loss before income taxes were $(2.2) million, a$0.4 million improvement. Net Loss totaled $(1.6) million an improvement of $0.3 million. Loss per share totaled $(0.19) compared to loss per share of $(0.24), on a Show less Read more
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