Educational Development Corporation reported earnings results for the third quarter and nine months ended November 30, 2014. For the quarter, the company reported net revenues of $10,936,500 against $8,502,000 a year ago. Earnings before income taxes were $858,200 against $927,400 a year ago. Net earnings were $526,400 or $0.13 per basic and diluted share against $547,800 or $0.14 per basic and diluted share a year ago. he company said the result was negatively impacted by the revenue timing issues in the publishing division and by additional sales incentives in the UBAM Division.

For the nine months, the company reported net revenues of $24,923,000 against $20,207,600 a year ago. Earnings before income taxes were $1,254,100 against $1,118,400 a year ago. Net earnings were $762,200 or $0.19 per basic and diluted share against $670,800 or $0.17 per basic and diluted share a year ago.