Educational Development Corporation reported earnings results for the third quarter and nine months ended November 30, 2015. Net revenues were $24,424,200 when compared to $10,936,500 for the same quarter last year, an increase of 123%. Net earnings were $1,258,500 or $0.31 per basic and diluted share compared to $526,400 or $0.13 per basic and diluted share, an increase of 139% over last year. Earnings before income taxes were $2,033,100 compared to $858,200 a year ago.

Net revenues for the nine months ended November 30, 2015, were a Company record of $46,668,800 when compared to $24,923,000 for the same nine month period last year, up 87%. Net earnings were $2,227,500 or $0.55 per basic and diluted share compared to $762,200 or $0.19 per basic and diluted share for the same period last year, an increase of 192%. Earnings before income taxes were $3,603,800 compared to $1,254,100 a year ago.