EDC FY27 second-quarter net loss widens 22% to $1.58 million

• EDC’s FY27 second-quarter net loss widened 22% year over year to $1.58 million.
• Net revenues fell 12% year over year to $4.07 million; first-half net revenues dropped 25% to $8.83 million.
• Second-quarter average active PaperPie Brand Partners declined 12% year over year to 5,100.
• Management expects its cost-reduction plan to lower FY27 general and administrative expenses by more than $1.2 million.

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