EDUC News and Press, Educational Development Corporation From 08/11/22

Tulsa, Oklahoma--(Newsfile Corp. - August 11, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") ( http://www.edcpub.com ) today announced that the Company has executed a new Credit Agreement ("Loan Agreement") with BOKF, NA dba Bank of Oklahoma. The new Loan Agreement establis...

EDUC just published Q1 2023 results that fell dramatically short of consensus expectations, as its MLM consultant count continues to plummet. A significant reduction in credit availability has forced the company to eliminate its dividend. Primary supplier Usborne Publishing’...

Educational Development press release ( NASDAQ: EDUC ): Q1 GAAP EPS of $0.03. Revenue of $23.16M (-43.2% Y/Y). Average active UBAM sales consultants totaled 32,200 compared to 55,100. For further details see: Educational Development GAAP EPS of $0.03, revenue...

Tulsa, Oklahoma--(Newsfile Corp. - July 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") ( http://www.edcpub.com ) today reports financial results for the first quarter for fiscal year 2023. First Quarter Highlights Compared to the Prior Year First Qua...

Tulsa, Oklahoma--(Newsfile Corp. - May 27, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") ( http://www.edcpub.com ) today announces the date of the annual shareholders meeting and record date of shareholders. The Annual Meeting of Shareholders of Educatio...

Tulsa, Oklahoma--(Newsfile Corp. - May 19, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") ( http://www.edcpub.com ) today reports a new Distribution Agreement with Usborne Publishing Limited effective May 16, 2022. Under the terms of the new agreement, ED...

Educational Development Corporation (EDUC) Q4 2022 Earnings Conference Call May 05, 2022 4:30 PM ET Company Participants Craig White - CEO Heather Cobb - Chief Sales and Marketing Officer Dan O’Keefe - CFO Presentation Operator Thank you for joining the Educational Development Corporat...

Educational Development press release (NASDAQ:EDUC): Q4 GAAP EPS of $0.04. Revenue of $23.3M (-42.2% Y/Y). “While we expect short term challenges this year, we are taking steps to conserve cash and maintain profitability. In addition, because we have acquired the bulk of our inventory ...

Tulsa, Oklahoma--(Newsfile Corp. - May 4, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") ( http://www.edcpub.com ) today reports financial results for the fiscal fourth quarter and fiscal year ended February 28, 2022. Fiscal Year End Highlights Compared...

Tulsa, Oklahoma--(Newsfile Corp. - March 18, 2022) - Educational Development Corporations (NASDAQ: EDUC), a publishing company specializing in books for children, today announced that the Company will present and host one-on-one meetings at the Sidoti Spring Virtual Investor Conference takin...