PCS Edventures!, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 16, 2024 at 10:11 pm IST
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PCS Edventures!, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 0.459087 million compared to USD 1.85 million a year ago. Revenue was USD 0.459087 million compared to USD 1.85 million a year ago. Net loss was USD 0.414138 million compared to net income of USD 0.569195 million a year ago.
For the nine months, sales was USD 6.83 million compared to USD 4.48 million a year ago. Revenue was USD 6.83 million compared to USD 4.48 million a year ago. Net income was USD 2.26 million compared to USD 0.991685 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
PCS Edventures!, Inc. (PCS) is a provider of hands-on, K12 Science, Technology, Engineering, Arts and Math (STEAM) curriculum and resources for educators in classrooms and out-of-school learning environments. The Company through Thrust-UAV has developed educational drones and drone curriculum. Its customers include schools and school districts from the collegiate to kindergarten level, and providers of out-of-school programming which include after-school programs, home-schooling programs, summer programs, and corporate outreach programs. It develops and sells a variety of STEM education products into the K12 market, such as Enrichment Programs, Discover Series Products, BrickLAB Products, Discover Drones, Add-on Drone Packages and Ala Carte Drone Items, STEAMventures BUILD Activity Book, and Professional Development Training. It offers approximately 31 different enrichment programs. The Company provides 13 different titles covering grades 1-12.