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Article: Tulsa-based Educational Development Corp. announces results

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THE JOURNAL RECORD
Article date:
October 16, 2009
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Educational Development Corp. (Nasdaq:EDUC) reported results for the second quarter and first six months of fiscal 2010, which ended Aug. 31.

EDUC reported net revenue of slightly more than $6 million for the quarter, compared to almost $6.4 million for the same period last year. Net earnings declined from $323,000 to $225,400 for the same period.

According to a press release issued by the company, the publishing division is experiencing a record year for sales to retail outlets, with July sales the largest single sales month in EDUC's history. Net revenue for the division ...

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