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Digital subscription results of AS Ekspress Grupp in the third quarter of 2025
Globenewswire· 2025-10-10 05:00
Core Insights - The number of digital subscriptions for AS Ekspress Grupp increased by 10% year-over-year, reaching a total of 244,500 subscriptions by the end of September, indicating strong growth despite economic challenges [1][2][9] - The Baltic States experienced economic stagnation, which has impacted consumer confidence and subscription growth, particularly in the third quarter [3] - In Estonia, Delfi Meedia achieved stable annual growth of 8%, while Latvia and Lithuania saw significant growth in digital subscriptions at 24% and 22%, respectively, highlighting the potential for further expansion in these markets [4][5][8] Detailed Overview of Digital Subscriptions - AS Delfi Meedia's digital subscriptions totaled 121,118, reflecting an 8% year-over-year increase [8] - AS Õhtuleht Kirjastus, partially owned by Ekspress Grupp, saw a decrease of 5% in digital subscriptions, totaling 24,746 [8] - Geenius Meedia OÜ experienced a 10% decline in digital subscriptions, totaling 6,800 [8] - In Latvia, Delfi A/S reported a 24% increase in digital subscriptions, totaling 32,875 [8] - In Lithuania, Delfi's digital subscriptions increased by 22%, totaling 47,187, while Lrytas saw a 4% increase, totaling 11,774 [8] - The overall digital subscription count for Ekspress Grupp remained stable at 244,500, with a slight change of 0% from the previous quarter [7] Future Outlook - The company aims to increase the volume of digital subscriptions to 340,000 in the Baltic countries by the end of 2026, aligning with its long-term strategic goals established in early 2022 [9]
Educational Development Corporation Announces Fiscal 2026 Second Quarter and Year to Date Results
Newsfile· 2025-10-09 20:00
Core Insights - Educational Development Corporation (EDC) reported financial results for the fiscal second quarter ended August 31, 2025, showing a decline in net revenues and active brand partners compared to the previous year [1][6][10] Financial Performance - Net revenues for the second quarter were $4.6 million, down from $6.5 million in the prior year, representing a decrease of approximately 29% [6][8] - Year-to-date net revenues totaled $11.7 million, compared to $16.5 million in the same period last year, reflecting a decline of about 29% [6][8] - The average number of active PaperPie Brand Partners decreased to 5,800 from 13,900 year-over-year for the second quarter [6][8] - The company reported a net loss of $(1.3) million for the second quarter, an improvement from a net loss of $(1.8) million in the prior year [6][8] - Loss per share improved to $(0.15) from $(0.22) on a fully diluted basis for the second quarter [6][8] Strategic Initiatives - The CEO announced the sale of the Hilti Complex, expected to be completed in mid-November, with proceeds aimed at paying off outstanding bank debt [4] - The company is focusing on reducing overall inventory levels while planning to purchase out-of-stock items and new titles to drive revenue growth [4] - EDC aims to return to profitability by reducing operating costs and increasing sales through strategic initiatives with the IT department to enhance Brand Partner success [4][6]
Educational Development Corporation Announces 1st Amendment to Real Estate Contract and Receipt of Buyers Intent to Proceed with Purchase of Real Estate
Newsfile· 2025-10-06 21:47
Core Points - Educational Development Corporation (EDC) has amended its real estate contract with 10Mark 10K Industrial, LLC, extending the due diligence period and reducing the purchase price of the Hilti Complex to $32,200,000 [1][2] - The buyer has issued a notice to proceed with the purchase, waiving certain rights under the contract [2] - The sale proceeds will be used to pay off outstanding bank balances, improving the company's cash flow by eliminating monthly mortgage payments and reducing borrowings [3] Company Overview - EDC specializes in children's publishing and owns brands such as Kane Miller Books, Learning Wrap-Ups, and SmartLab Toys, with products sold through 4,000 retail outlets and independent brand partners [4] Property Details - The Hilti Complex consists of 402,000 square feet of rentable space on 37 acres, with significant portions leased to Hilti and Crusoe Energy [3]
Should Investors Add John Wiley & Sons (WLY) to Their Dividend Champions Portfolio?
Yahoo Finance· 2025-10-05 19:30
Core Insights - John Wiley & Sons (NYSE: WLY) is recognized as one of the Best Dividend Stocks for a Dividend Champions List [1] - The company has transitioned from traditional publishing to digital content, focusing on online courses and study aids [2] Revenue Streams - Approximately 48% of John Wiley & Sons' revenue is derived from recurring streams, highlighting its shift towards digital subscriptions and global partnerships [3] - The growth strategy includes maintaining high recurring revenue, strengthening relationships with professional societies, expanding internationally, and leveraging growth in open-access and AI-driven publishing [3] Dividend Performance - John Wiley & Sons has a strong dividend history, having announced a quarterly payout of $0.355 per share, consistent with previous dividends [4] - The company has increased its dividend for 32 consecutive years, with a current yield of 3.54% as of October 2 [4]
Scholastic Corporation (SCHL): An Overlooked Dividend Capture Opportunity in October
Yahoo Finance· 2025-09-30 18:23
Scholastic Corporation (NASDAQ:SCHL) is included among the Best High Yield Stocks to Buy in October. Scholastic Corporation (SCHL): An Overlooked Dividend Capture Opportunity in October Scholastic Corporation (NASDAQ:SCHL) is the leading publisher and distributor of children’s books, magazines, and other educational materials. With so much of its business tied up with public schools, it’s dependent on local and municipal budgets. It said “funding uncertainties” in these institutions had weighed on its pe ...
John Wiley & Sons’ (WLY) Dividend History and What it Means for October Buyers
Yahoo Finance· 2025-09-30 17:56
John Wiley & Sons, Inc. (NYSE:WLY) is included among the Best High Yield Stocks to Buy in October. John Wiley & Sons’ (WLY) Dividend History and What it Means for October Buyers Image by Alexsander-777 from Pixabay John Wiley & Sons, Inc. (NYSE:WLY) is a publisher and licensor of professional and research journals, online learning environments, and education products. It makes the majority of its revenues today from digital and online products, which represented 83% of Adjusted Revenue in FY2025, much o ...
New York Times Bestselling Author of If You Give a Mouse a Cookie Publishes Corgi Picture Book with Michael Sampson Books
Businesswire· 2025-09-27 13:00
Sep 27, 2025 9:00 AM Eastern Daylight Time New York Times Bestselling Author of If You Give a Mouse a Cookie Publishes Corgi Picture Book with Michael Sampson Books Share DALLAS--(BUSINESS WIRE)--New York Times bestselling author Laura Numeroff and illustrator Masha Sudovykh spotlight the special bond between mother and son in their new picture book. Max and Mama (Michael Sampson Books; available now). Sudovykh's warmly rendered corgi illustrations are the perfect counterpart to Numeroffae™s playful writing ...
Trusts & Estates: October 2025 Digital Edition
Wealth Management· 2025-09-25 14:29
WealthManagement.com is part of the Informa Connect Division of Informa PLCINFORMA PLC|ABOUT US|INVESTOR RELATIONS|TALENTThis site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726. ...
Wiley Announces Quarterly Dividend; Recently Raised Dividend for the 32nd Consecutive Year
Businesswire· 2025-09-25 11:30
Wiley Announces Quarterly Dividend; Recently Raised Dividend for the 32 Consecutive Year Share HOBOKEN, N.J.--(BUSINESS WIRE)--Wiley(NYSE: WLY), a leading global provider of authoritative content, data-driven insights, and knowledge services for the advancement of science and learning, today announced that its Board of Directors has declared a quarterly cash dividend of $0.355 per share on its Class A and Class B Common Stock, payable on October 23, 2025, to shareholders of record on October 7, 2025. The qu ...
RELX: Price Correction Represents A Buying Opportunity (NYSE:RELX)
Seeking Alpha· 2025-09-22 15:30
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...