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EDC(EDUC) - 2025 Q1 - Earnings Call Transcript
2024-07-11 23:04
Educational Development Corporation (NASDAQ:EDUC) Q1 2025 Earnings Conference Call July 11, 2024 4:30 PM ET Company Participants John Beisler - IR Craig White - President and CEO Dan O’Keefe - CFO Heather Cobb - Chief Sales and Marketing Officer Conference Call Participants Paul Carter - Capstone Asset Management Operator Good afternoon, ladies and gentlemen, and welcome to the Educational Development Corporation's First Quarter Fiscal Year 2025 Earnings Call. At this time, all lines are in a listen-only-m ...
EDC(EDUC) - 2025 Q1 - Quarterly Results
2024-07-11 20:00
● Net revenues were $10.0 million compared to $14.5 million. ● Average active PaperPie Brand Partners totaled 13,400 compared to 23,200. ● Average active PaperPie Brand Partners totaled 15,015 as of February 29, 2024. ● Loss before income taxes were $(1.7) million, compared to $(1.2) million. ● Net Loss totaled $(1.3) million, compared to $(0.9) million. ● Loss per share totaled $(0.15) compared to loss per share of $(0.11), on a fully diluted basis. "Throughout the majority of the year we have strategicall ...
Educational Development Corporation Announces Fiscal 2025 First Quarter Results
Newsfile· 2024-07-11 20:00
● Educational Development Corporation Announces Fiscal 2025 First Quarter Results First Quarter Summary Compared to the Prior Year First Quarter Per Craig White, Chief Executive Officer, ". I am encouraged that we were able to cover our historically negative first quarter cash outflows with the $2.9 million of positive cash flows we generated from inventory reductions through higher sales volume during the quarter. The positive impact of inventory reduction is also evidenced in our line of credit which rema ...
Educational Development Corporation Announces Fiscal 2025 First Quarter Earnings Call
Newsfile· 2024-07-08 15:38
. . . Educational Development Corporation Announces Fiscal 2025 First Quarter Earnings Call July 08, 2024 11:38 AM EDT | Source: Educational Development Corporation Tulsa, Oklahoma--(Newsfile Corp. - July 8, 2024) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their fiscal 2025 first quarter earnings call. EDC will host its Fiscal Year 2025 First Quarter Earnings Call, including a live Q&A webcast, on Thursday, July ...
Educational Development Corporation Announces Executed Fifth Amendment to Credit Agreement
Newsfile· 2024-06-17 20:12
. ● . Educational Development Corporation Announces Executed Fifth Amendment to Credit Agreement June 17, 2024 4:12 PM EDT | Source: Educational Development Corporation Tulsa, Oklahoma--(Newsfile Corp. - June 17, 2024) - Educational Development Corporation (NASDAQ: EDUC) (the "Company") executed the Fifth Amendment ("Amendment") to the Existing Credit Agreement ("Amendment") with BOKF, NA (the "Lender"). The Amendment, effective May 31, 2024, adjusts the maximum availability of the Revolving Loan commitment ...
Educational Development Corporation Announces Sale and Leaseback Agreement of Headquarters and Warehouse Facility
Newsfile· 2024-06-12 12:00
. . Contact: Educational Development Corporation Craig White, (918) 622-4522 Investor Relations: Three Part Advisors, LLC Steven Hooser (214) 872-2710 ent To view the source version of this press release, please visit https://www.newsfilecorp.com/release/212567 . Educational Development Corporation Announces Sale and Leaseback Agreement of Headquarters and Warehouse Facility June 12, 2024 8:00 AM EDT | Source: Educational Development Corporation Tulsa, Oklahoma--(Newsfile Corp. - June 12, 2024) - Educationa ...
EDC(EDUC) - 2024 Q4 - Annual Report
2024-05-21 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 000-04957 EDUCATIONAL DEVELOPMENT CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of inc ...
EDC(EDUC) - 2024 Q4 - Annual Results
2024-05-21 20:00
EXHIBIT 99.1 EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL 2024 RESULTS ● 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 fully diluted basis. EDUCATIONAL DEVELOPMENT CORPORAT ...
Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2024 Results
newsfilecorp.com· 2024-05-21 20:00
Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2024 Results May 21, 2024 4:00 PM EDT | Source: Educational Development Corporation Tulsa, Oklahoma--(Newsfile Corp. - May 21, 2024) - 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 29, 2024. Fiscal Year Summary Compared to the ...
EDC(EDUC) - 2024 Q3 - Earnings Call Transcript
2024-01-11 23:31
Educational Development Corporation (NASDAQ:EDUC) Q3 2024 Earnings Conference Call January 11, 2024 4:30 PM ET Company Participants Steven Hooser - Investor Relations Craig White - President and Chief Executive Officer Dan O'Keefe - Chief Financial Officer and Secretary Heather Cobb - Chief Sales and Marketing Officer Conference Call Participants Paul Carter - Capstone Asset Management Philip Smith - Private Investor Daniel Balchin - Private Investor Operator Good afternoon, ladies and gentlemen, and welcom ...