Educational Development Corporation reported earnings results for the full year ended February 28, 2023. For the full year, the company reported sales was USD 87.83 million compared to USD 142.23 million a year ago. Net loss was USD 2.5 million compared to net income of USD 8.31 million a year ago.

Diluted loss per share from continuing operations was USD 0.31 compared to diluted earnings per share from continuing operations of USD 0.98 a year ago.