earnings
confidence high
sentiment negative
materiality 0.75
IPDN Q2 revenue down 28% to $1.18M; net loss widens to $1.72M on copyright amortization
Professional Diversity Network, Inc.
- Q2 revenue $1.181M, down 28% YoY; recruitment services fell $300k, software dev $142k.
- Net loss from continuing ops $1.716M vs $0.492M loss; EPS -$0.15 vs -$0.23.
- D&A jumped to $1.193M from $41k due to amortization of 28 musical works copyrights.
- Completed divestiture of NAPW and IAW in July 2026; working capital deficit cut to $0.9M.
- Six-month net loss $3.572M vs $1.233M; cash $2.637M at June 30, 2026.