Educational Development Corp. (EDUC) Wednesday reported an increase in profit for the first quarter, due mainly to higher revenues.
The Tulsa, Oklahoma-based company's first-quarter net profit was $350 thousand or $0.09 per share, compared to $300 thousand or $0.08 per share last year.
Total revenues for the quarter grew 5 percent to $6.59 million from $6.26 million in the prior-year quarter.
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