Professional Diversity Network Inc. Reports 2.9% Revenue Decline and 49% Reduction in EPS for Q2 2025

Reuters
Aug 14
<a href="https://laohu8.com/S/IPDN">Professional Diversity Network</a> Inc. Reports 2.9% Revenue Decline and 49% Reduction in EPS for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025

Professional Diversity Network, Inc., a global developer and operator of online and in-person networks for diverse individuals, has released its financial results for the quarter ended June 30, 2025. The company reported a decrease in total revenues for the three months ended June 30, 2025, which fell approximately $49,000, or 2.9%, to $1.641 million from $1.690 million during the same period in the prior year. This decline was primarily due to an approximate $264,000 decrease in recruitment services, attributed to a slowdown in corporate spending on diversity, equity, and inclusion $(DEI)$ initiatives. Despite these challenges, the company successfully reduced its net loss per share from $1.21 to $0.62 compared to the same period last year. The consolidated net loss from continuing operations for the six months ended June 30, 2025, decreased by approximately $160,000, or 11.5%, compared to the same period in the prior year. Looking ahead, Professional Diversity Network, Inc. plans to focus on advancing its platform's technological infrastructure through AI integration and strategic revenue diversification to attract more investors. The company also aims to further operational automation to enhance efficiency and is investing in new product development to drive revenue growth.

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