Message : Required fields TULSA, Okla., July 07, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record first quarter net revenues and increased earnings per share results for the quarter ended May 31, 2021. First Quarter Highlights Compared to the Prior Year First Quarter Net revenues of $40.8 million, an increase of $2.5 million, or 6.5%, compared to $38.3 million. Average active UBAM sales consultants totaled 55,100. Earnings before income taxes were $4.7 million, an increase of $2.1 million, or 80.8%, compared to $2.6 million. Net earnings totaled $3.4 million, compared to $1.9 million, an increase of $1.5 million, or 78.9%. Earnings per share totaled $0.41, compared to $0.23, up 78.3% on a fully diluted basis.