Earnings ·
Professional Diversity Network reported a net loss from continuing operations of $1.7 million for the quarter ended…
IPDNProfessional Diversity Network, Inc.
Professional Diversity Network reported a net loss from continuing operations of $1.7 million for the quarter ended June 30, 2026, widening significantly from a $492,000 loss in the prior year period. Total revenues declined approximately 28% to $1.18 million, driven by decreases in recruitment services, contracted software development, and membership fees. The increased loss was primarily attributable to $1.2 million in amortization expenses for acquired musical works copyrights. Additionally, the company completed the divestiture of NAPW Network and IAW, Inc. in July 2026 to focus on core operations. Professional Diversity Network operates online and in-person professional networks providing access to networking, training, educational, and employment opportunities for diverse individuals.