Educational Development Corp. Q1 revenue falls to $4.8 million; net loss widens to $1.4 million
Educational Development Corp. reported fiscal 2027 first quarter results for the three months ended May 31, 2026. Net revenues fell to $4.8 million from $7.1 million, and net loss widened to $1.4 million from $1.1 million, or $(0.16) per share versus $(0.13), as the company recorded no tax benefit this year. Management said a cost reduction plan is expected to lower general and administrative expenses by over $1.2 million in fiscal 2027.
Key points
- Net revenues were $4.8 million versus $7.1 million a year earlier.
- Average active PaperPie Brand Partners were 5,300 versus 7,700 a year earlier.
- Net loss was $1.4 million versus $1.1 million; loss per share was $(0.16) versus $(0.13).
- Cash rose to $1.8 million at May 31, 2026, from $1.3 million at the end of February; the company took a $0.1 million write-down on assets held for sale.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.