Children's book publisher Educational Development Corp Q2 revenue falls 29%

Reuters

10/10

Children's book publisher Educational Development Corp <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls 29%

Overview

Educational Development Corp fiscal Q2 revenue falls to $4.6 mln from $6.5 mln yr/yr
Net loss for fiscal Q2 narrows to $1.3 mln from $1.8 mln yr/yr
Company to use Hilti Complex sale proceeds to pay off bank debt

Outlook

Company expects sale of Hilti Complex to complete in mid-November
Company plans to reduce inventory levels while funding operations

Result Drivers

BRAND PARTNER DECLINE - Co reports decrease in average active PaperPie Brand Partners impacting sales

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue		$4.60 mln
Q2 EPS		-$0.15
Q2 Net Income		-$1.30 mln
Q2 Pretax Profit		-$1.80 mln

Press Release: ID:nNFC416Mk9

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4159","symbol_name":"經銷商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251009:nL2N3VQ0XV:1","article_id":"2574199737","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574199737","pubTimestamp":1760040645,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Children's book publisher Educational Development Corp Q2 revenue falls 29%OverviewEducational Development Corp fiscal Q2 revenue falls to $4.6 mln from $6.5 mln yr/yrNet loss for fiscal Q2 narrows to","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4159":"经销商","EDUC":"EDC Publishing"},"translate_title":"儿童图书出版商教育发展公司第二季度收入下降29%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EDUC":0.9},"content_text":"Children's book publisher Educational Development Corp Q2 revenue falls 29%OverviewEducational Development Corp fiscal Q2 revenue falls to $4.6 mln from $6.5 mln yr/yrNet loss for fiscal Q2 narrows to $1.3 mln from $1.8 mln yr/yrCompany to use Hilti Complex sale proceeds to pay off bank debtOutlookCompany expects sale of Hilti Complex to complete in mid-NovemberCompany plans to reduce inventory levels while funding operationsResult DriversBRAND PARTNER DECLINE - Co reports decrease in average active PaperPie Brand Partners impacting salesKey DetailsMetricBeat/MissActualConsensus EstimateQ2 Revenue$4.60 mlnQ2 EPS-$0.15Q2 Net Income-$1.30 mlnQ2 Pretax Profit-$1.80 mlnPress Release: ID:nNFC416Mk9For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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