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Educational Development ( (EDUC) ) has shared an update.
Educational Development Corporation reported a significant decline in its fiscal 2025 third-quarter financial results compared to the previous year, with net revenues dropping to $11.1 million from $16.9 million and a net loss of $0.8 million compared to a $2.0 million profit last year. CEO Craig White highlighted strategic measures taken to restore profitability, including cost reductions and efficiency gains, leasing office space, and consolidating warehouse operations. The sale of the Hilti Complex is expected to eliminate the company’s debt, signaling a move towards improved financial stability and ongoing commitment to profitability.
More about Educational Development
Educational Development Corporation (EDC) is a publishing company specializing in children’s books and educational products. It owns and exclusively publishes Kane Miller Books and Learning Wrap-Ups and is the exclusive U.S. MLM distributor of Usborne Publishing Limited children’s books. EDC products are sold through 4,000 retail outlets and by independent brand partners via various channels including social media, book fairs, and internet sales.
YTD Price Performance: 2.41%
Average Trading Volume: 11,257
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.59M
Find detailed analytics on EDUC stock on TipRanks’ Stock Analysis page.