Noble Corporation Secures $1.3 Billion in New Contracts, Strengthening Offshore Drilling Backlog 
Embraer Targets Growth as Regional Jet Demand Surges Post-Pandemic 
CN Energy Group Inc. Stock Slides After Nasdaq Delisting Notice Over Bid Price Rule 
Trump Lawsuit Against JPMorgan Signals Rising Tensions Between Wall Street and the White House 
Baker Hughes Reports 11% Rise in Q4 Adjusted Profit Driven by LNG Demand 
Trump Administration Takes Stake in USA Rare Earth to Boost U.S. Critical Minerals Supply 
Tesla Plans FSD Subscription Price Hikes as Autonomous Capabilities Advance 
Airbus CEO Warns Staff to Prepare for Rising Geopolitical Risks Amid Trade Tensions 
Elon Musk Shares Bold Vision for AI, Robots, and Space at Davos 
Delta Air Lines Operates Reduced Flight Schedule as Winter Storm Disrupts U.S. Travel 
Shell Plc Downgraded by RBC as Market Headwinds Pressure Valuation 
NTSB Opens Investigation Into Waymo Robotaxis After School Bus Safety Violations in Texas 
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market 
Winter Storm Triggers Widespread Flight Cancellations Across U.S. as Airlines Urge Travelers to Rebook 
FCC Chairman Raises Competition Concerns Over Netflix–Warner Bros. Discovery Deal 
Ryanair Profit Slumps in Q3 After Italy Antitrust Fine Despite Revenue Growth 
TULSA, Okla., May 10, 2017 -- Educational Development Corporation (“EDC”) (NASDAQ:EDUC) (http://www.edcpub.com) today reports record quarter to day unaudited net revenues for March and April 2017.
Randall White, CEO of Educational Development Corporation, announced that the Company has had record quarter to date revenues in the first two months of fiscal 2018, totaling approximately $19.3 million. This revenue level represents an increase of $3.8 million, or 25% over the combined March and April 2016 revenues of approximately $15.5 million.
Per Mr. White, “Quarter to date sales results were very encouraging with continued double digit growth. This growth shows the continued strong demand for our products and the success of our sales teams. In anticipation of our continued growth, our management team has recently approved a capital expansion project that will further automate to our Tulsa, OK distribution facility. We expect this facility expansion and additional automation will increase our daily shipping capacity by as much as 100% over last year’s capacity levels.”
About Educational Development Corporation
EDC is a publishing company specializing in books for children. EDC is the sole American distributor of the UK-based Usborne Books and owns Kane Miller Books, specializing in children’s literature from around the world. EDC’s current catalog contains over 2,300 titles, with new additions semi-annually. Both Usborne and Kane Miller products are sold via retail outlets and by direct sales consultants nationally.
Contact: Educational Development Corporation Randall White, (918) 622-4522
