PCS Edventures!, Inc Announces Earnings Results for the Second Quarter Ended September 30, 2020
November 13, 2020 at 10:53 am
Share
PCS Edventures!, Inc. announced earnings results for the second quarter ended September 30, 2020. For the quarter, the company reported revenue was $0.39 million, which was down 54% from the revenue generated in the same period last year. Net income was $0.21 million compared to $0.58 million for the same period last year.
PCS Edventures!, Inc. (PCS) is a provider of hands-on, K12 Science, Technology, Engineering, Arts and Math (STEAM) curriculum and resources for educators in classrooms and out-of-school learning environments. The Company through Thrust-UAV has developed educational drones and drone curriculum. Its customers include schools and school districts from the collegiate to kindergarten level, and providers of out-of-school programming which include after-school programs, home-schooling programs, summer programs, and corporate outreach programs. It develops and sells a variety of STEM education products into the K12 market, such as Enrichment Programs, Discover Series Products, BrickLAB Products, Discover Drones, Add-on Drone Packages and Ala Carte Drone Items, STEAMventures BUILD Activity Book, and Professional Development Training. It offers approximately 31 different enrichment programs. The Company provides 13 different titles covering grades 1-12.