STOCK TITAN

Education Dvel - EDUC STOCK NEWS

Welcome to our dedicated page for Education Dvel news (Ticker: EDUC), a resource for investors and traders seeking the latest updates and insights on Education Dvel stock.

Education Dvel (EDUC) provides investors and stakeholders with comprehensive updates on its educational publishing children's books and learning materials. This page consolidates official announcements, strategic initiatives, and operational developments from the company's dual publishing and direct sales divisions.

Access timely updates on earnings reports, product launches, and distribution partnerships, alongside insights into EDUC's retail network expansion and e-commerce platform enhancements. The resource also covers the company's unique sale/leaseback real estate strategies and PaperPie Division developments in multi-level marketing.

Bookmark this page to monitor EDUC's progress in merging traditional publishing with modern sales channels while maintaining financial discipline through operational optimizations. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.

Rhea-AI Summary
Educational Development Corporation (NASDAQ: EDUC) announced the execution of the Fourth Amendment to its credit agreement, increasing the Revolving Loan commitment to $8.0 million and extending the maturity date to May 31, 2024. The amendment also allows additional purchase orders not to exceed $2.1 million and includes the listing for sale of the company's headquarters and distribution warehouse. The company expects to enter into a sale leaseback arrangement to maximize the sale price and provide liquidity for ongoing operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
none
-
Rhea-AI Summary
Educational Development Corporation (NASDAQ: EDUC) announced the Board of Director approval to list for sale the Company's headquarters and distribution warehouse in Tulsa, Oklahoma. The Hilti Complex consists of multiple buildings totaling 402,255 square feet, with a third-party tenant occupying a portion. The sale is expected to generate proceeds to pay off borrowings and improve the company's bottom-line profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.98%
Tags
none
-
Rhea-AI Summary
Educational Development Corporation reports financial results for Q2 and year-to-date 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.62%
Tags
Rhea-AI Summary
Educational Development Corporation announces the time and date of their fiscal 2024 second quarter earnings call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.5%
Tags
-
Rhea-AI Summary
Educational Development Corporation announces sale of former headquarters and warehouse for $5.1 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.15%
Tags
none
-
Rhea-AI Summary
Educational Development Corporation (NASDAQ: EDUC) has executed the Third Amendment to the Existing Credit Agreement with BOKF, NA. The amendment extends the Revolving Loan Maturity Date to January 31, 2024 and reduces the Revolving Commitment from $13,500,000 to $4,000,000. The company is required to list its real estate properties for sale and expects its total asset value to exceed its debts with the bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.44%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.63%
Tags
-
Rhea-AI Summary
Educational Development Corporation (EDC) has announced the date and time of their fiscal 2024 first quarter earnings call. The call will take place on July 13, 2023, at 3:30 PM CT (4:30 PM ET) and will include a live Q&A webcast. EDC executives will present the company's first quarter results and be available for questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.8%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
conferences
Education Dvel

Nasdaq:EDUC

EDUC Rankings

EDUC Stock Data

11.41M
6.28M
26.5%
22.85%
0.17%
Publishing
Wholesale-miscellaneous Nondurable Goods
Link
United States
TULSA