EDUC Q2 revenue down 29% to $4.6M; net loss narrows to $(0.15)/share

EDUCATIONAL DEVELOPMENT CORP

2026-Q2 EPS reported -$0.28 revenue$11,727,500

Net revenues $4.6M vs $6.5M YoY; PaperPie Brand Partners fell to 5,800 avg from 13,900.
Net loss $(1.3M) vs $(1.8M) YoY; loss per diluted share $(0.15) vs $(0.22).
YTD net loss $(2.4M) vs $(3.1M); revenue $11.7M vs $16.5M.
CEO expects Hilti Complex sale to close mid-November; proceeds to pay off all bank debt.
Company continues turnaround with cost reduction; plans to buy back stock and new titles.

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