EDC - Educational Development Corporation reported its financial results for the fiscal third quarter (Q3) ended November 30, 2025. Net revenues for Q3 totaled USD 7.0 million. Earnings before income taxes were USD 10.6 million, primarily driven by a USD 12.2 million gain from the sale and leaseback of the company’s headquarters. Excluding this gain, the loss before income taxes was USD 1.6 million. Net income for the period was USD 7.8 million, with earnings per share at USD 0.91 on a fully diluted basis. The average number of active PaperPie Brand Partners during Q3 was 5,100. For the nine-month period ended November 30, 2025, net revenues were USD 18.7 million. Earnings before income taxes reached USD 7.4 million, including the headquarters sale gain; without this gain, the loss before income taxes was USD 4.8 million. Net income for the nine months totaled USD 5.4 million, and earnings per share were USD 0.63 on a fully diluted basis. The average number of active PaperPie Brand Partners in the nine-month period was 6,200.

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