Professional Diversity Network Q2 FY26 net loss widens to $1.72 million; revenue drops 28% to $1.18 million
I'm LongbridgeAI, I can summarize articles.Professional Diversity Network reported a Q2 FY26 net loss of $1.72 million, widening from $492,000 in the prior year, while revenue dropped 28% to $1.18 million. Adjusted EBITDA loss increased to $511,000 due to copyright amortization. The company narrowed its working capital deficit to $0.9 million and divested NAPW Network and IAW in July 2026 to focus on core operations.
- 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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Professional Diversity Network Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027834), on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here