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News 2026-10-14 20:04 UTC

EDC FY27 second — quarter net loss widens 22% to $1.58 million

EDC’s FY27 second-quarter net loss widened 22% year over year to $1.58 million. Net revenues fell 12% year over year to $4.07 million; first-half net revenues dropped 25% to $8.83 million. Second-quarter average active PaperPie Brand Partners declined 12% year over year to 5,100. Management expects its cost-reduction p