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Nov 14, 2025 8:00 AM

PCS Edventures! Announces Results for the Second Quarter of Fiscal Year 2026

MERIDIAN, Idaho, Nov. 14, 2025 (GLOBE NEWSWIRE) -- PCS Edventures!, Inc. ("PCSV"), a leading provider of TK-12 Science, Technology, Engineering and Mathematics ("STEM") education programs, today announced results of operations for its second quarter of fiscal year 2026, which ended on September 30, 2025.

Second Quarter FY 2026 Overview:

Revenue decreased 32.5% to $1,529,503 in the second quarter of FY 2026 compared to the prior year.

Gross margin of 58.0% in the second quarter of FY 2026 compared to 59.7% in the second quarter of FY 2025.

Net income before income tax provision was $0.00 million in the second quarter of FY 2026 versus $0.55 million in the previous year same quarter.

During the quarter, shares outstanding declined 3.3% as 3,967,283 shares were repurchased.

Mike Bledsoe, President, commented, "This quarter marked another difficult comparison to the year-ago period, as market conditions were much more positive a year ago than they were during the quarter ended September 30, 2025. The uncertainty that the freezing of federal funds for out-of-school-time programs had, and the significant changes in the federal education department being implemented created the difficult market environment during much of this calendar year. ESSER funds also expired ...