Insights into Educational Development Corporation's Q1 Financial Performance

Thursday, 11 July 2024, 20:22

In the latest financial report, Educational Development Corporation unveiled disappointing Q1 results with a GAAP EPS of -$0.15 and revenue amounting to $9.99 million. This marks a significant decrease of 31.2% compared to the previous year. The company's financial health is under scrutiny as challenges persist in the education sector.
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Insights into Educational Development Corporation's Q1 Financial Performance

Financial Report Overview

Educational Development Corporation has released its Q1 financial results, showing a decline in performance.

Key Metrics

  • GAAP EPS stands at -$0.15.
  • Revenue recorded as $9.99 million.

The company experienced a 31.2% decrease year-over-year, raising concerns about its stability and future prospects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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