Educational Development Q2 EPS $(0.22) Down From $0.13 YoY, Sales $6.51M Down From $10.59M YoY
Portfolio Pulse from Benzinga Newsdesk
Educational Development (NASDAQ:EDUC) reported a significant decline in its Q2 financial performance, with EPS dropping from $0.13 to $(0.22) and sales falling from $10.59M to $6.51M year-over-year.
October 10, 2024 | 8:01 pm
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Educational Development reported a significant decline in Q2 earnings and sales, with EPS dropping to $(0.22) from $0.13 and sales decreasing to $6.51M from $10.59M year-over-year.
The significant decline in both EPS and sales indicates a negative financial performance for Educational Development, likely leading to a short-term decrease in stock price as investors react to the poor results.
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