Professional Diversity Network Q2 FY26 net loss widens to $1.72 million; revenue drops 28% to $1.18 million
Reuters2026/08/14 12:22- Professional Diversity Network posted Q2 net loss from continuing operations of $1.72 million, widening from $492,000 a year earlier.
- Revenue fell 28% to $1.18 million; depreciation and amortization jumped to $1.19 million, up from $41,000.
- Adjusted EBITDA loss (non-GAAP) widened to $511,000 from $454,000; management cited amortization of acquired musical works copyrights.
- Working capital deficit from continuing operations narrowed to about $0.9 million from about $4 million at year-end 2025.
- Completed divestiture of NAPW Network and IAW in July 2026 to focus on core operations and reduce operating losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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