Educational Development Corp (NAS:EDUC)
$ 1.7 0.04 (2.41%) Market Cap: 14.59 Mil Enterprise Value: 49.06 Mil PE Ratio: 0 PB Ratio: 0.34 GF Score: 64/100
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Q1 2020 Educational Development Corp Earnings Call Transcript

Jul 16, 2019 / 08:00PM GMT
Release Date Price: $6.79 (+3.35%)
Operator

Good day, ladies and gentlemen, and welcome to the Educational Development First Quarter Fiscal Year 2020 Results Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded. I would now like to turn the conference over to your host, Mr. Randall White, Chief Executive Officer and President. Sir, you may begin.

Randall W. White
Educational Development Corporation - Chairman, President, Treasurer & CEO

Thank you, Valerie. Welcome to the call, gentlemen and ladies. Here with me today, I want to introduce Craig White, our Chief Operating Officer; and also Dan O'Keefe, our Chief Financial Officer. And I think we're going to start with Dan. He'll give you a highlight of the previous earnings release.

Dan E. Oâ;Keefe
Educational Development Corporation - Corporate Secretary & CFO

Thank you, Randall. As a recap of our earnings for the quarter, net revenues for the first quarter of fiscal 2020 were approximately $27.6 million, down $2.4 million or 8% from

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