Professional Diversity Network Q2 FY26 net loss widens to $1.72 million; revenue drops 28% to $1.18 million - IPDN News | RalliesProfessional Diversity Network Q2 FY26 net loss widens to $1.72 million; revenue drops 28% to $1.18 million
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IPDN• Balance sheet and portfolio changes
- Working capital deficit from continuing operations narrowed to about $0.9 million from about $4 million at year-end 2025.
- The company completed the divestiture of NAPW Network and IAW in July 2026 to focus on core operations and reduce operating losses.
Q2 results show wider loss and lower revenue
- 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.
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