| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.18 | 23.9% | 28.1% |
| Total Income | 1.18 | 23.9% | 28.1% |
| Expenditure | 2.92 | 14.1% | 36.5% |
| PBT | -1.72 | 7.5% | 251.0% |
| Net Profit | -1.71 | 7.6% | 256.3% |
| OPM | — | ||
| NPM | — | ||
| EPS | -0.15 | 21.1% | 34.8% |
Professional Diversity Network, Inc. Announces Q2 2026 Financial Results
14 Aug 2026 · 14 Aug, 5:57 pm
Summary
Professional Diversity Network, Inc. reported a net loss from continuing operations of $1,716,000 for the second quarter of 2026, an increase in loss of $1,224,000 compared to the same period in 2025. Total revenues for the quarter decreased by 28% to $1,181,000, driven by declines across most service segments. The company highlighted a decrease in its working capital deficit and reduced sales and marketing expenses. Management stated a focus on streamlining operations and sharpening strategic focus, including the divestiture of NAPW and IAW, Inc. to concentrate on core businesses.
Key Highlights
- 1
Total revenues for the three months ended June 30, 2026, decreased approximately 28% to $1,181,000 compared to $1,641,000 in the prior year period.
- 2
The net loss from continuing operations for the three months ended June 30, 2026, was approximately $1,716,000, an increase in net loss of approximately $1,224,000 compared to the prior year period.
- 3
Working capital deficit from continuing operations decreased to approximately $0.9 million, from approximately $4.0 million at year-end 2025.
- 4
Sales and marketing expenses decreased approximately 31.4% for the three months ended June 30, 2026, compared to the prior year period.
- 5
General and administrative expenses decreased by approximately 0.4% to approximately $671,000 during the three months ended June 30, 2026.
- 6
Depreciation and amortization expense increased significantly by 2,809.8% to approximately $1,193,000 during the three months ended June 30, 2026, primarily due to amortization of acquired musical works copyrights.
Management Comments
Xun Wu
During the second quarter of 2026, we continued to streamline our operations and sharpen our strategic focus. The divestiture of NAPW and IAW, Inc. reflects our efforts to focus resources on our core businesses. Looking ahead, we remain focused on pursuing opportunities that support sustainable growth and long-term shareholder value.
Bella Gu
During the first half of 2026, we remained focused on disciplined cost management and working capital. We reduced sales and marketing and general and administrative expenses compared with the prior-year period, while our working capital deficit decreased from year-end 2025. We will continue to carefully manage our cost structure and capital resources as we execute our strategic priorities.
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