MARKET COMPOSITE
IPDN - Professional Diversity Network Inc8:00:00 PM 4/18/2024
Price
$1.68
-0.03 (-1.75%)
Professional Diversity Network, Inc. operates online professional networking communities with career resources in the United States. It operates in two segments, Professional Diversity Network (PDN Network) and National Association of Professional Women (NAPW Network). The PDN Network segment offers single and multiple job postings, recruitment media, talent recruitment communities, corporate memberships, hiring campaign marketing and advertising, e-newsletter marketing, and research and outreach services to various cultural groups and employers. It also provides consumer advertising and consumer marketing solutions through advertising and job postings on its Websites. The NAPW Network segment operates a women-only professional networking organization. As of December 31, 2019, the company had approximately 10.8 million registered users in the PDN Network and approximately 949,000 registered users or members in the NAPW Network. Professional Diversity Network, Inc. was founded in 2003 and is headquartered in Chicago, Illinois.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue1.9MM-6%
Gross Profit1.2MM-
Cost Of Revenue697.6K-24%
Operating Income-651.5K-51%
Operating Expenses1.8MM-
Net Income-513.7K-61%
G&A802.1K-41%
Marketing850.7K-7%
Amortization172.8K+35%
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Stock news

    Professional Diversity Network ( NASDAQ:IPDN ) Full Year 2023 Results Key Financial Results Revenue: US$7.70m (down...

    CHICAGO, March 29, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse and specialized individuals, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. “2023 was a challenging year for PDN, considering the optimism we had as we close

    CHICAGO, March 25, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational, and employment opportunities for diverse individuals, today announced the return of the highly successful virtual career fair produced with the International Association of Women (“IAW”), a subsidiary fully owned by PDN, in honor of Women’s History Month. The ev

    CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational, and employment opportunities for diverse individuals, today announced the return of the highly successful virtual career fair produced by the National Urban League (NUL), in honor of Black History Month. The event, which took place on February 15th, featured virt

    Professional Diversity Network ( NASDAQ:IPDN ) Third Quarter 2023 Results Key Financial Results Revenue: US$2.01m (down...

    CHICAGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended September 30, 2023. “While our industry has seen the slowing through the second quarter of 2023, we are seeing an uptick in corporate spend i

    CHICAGO, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended June 30, 2023. “Our industry has seen the continued slowing through the second quarter of 2023. We have seen some hiring come back as seasona

    CHICAGO, June 30, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (Nasdaq: IPDN) (“PDN”), today announced it has secured a committed equity financing facility under which it may sell up to $12,775,000 of its shares of common stock to Tumim Stone Capital LLC (“Tumim Stone”) over a 24-month period. During the term of the purchase agreement, at its sole discretion and subject to certain conditions, PDN may present Tumim Stone with draw down notices requiring Tumim Stone to purchase a

    CHICAGO, June 22, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced the recent completion of a Happy Hour Hiring Event in Dayton, Ohio through its wholly-owned subsidiary, Expo Experts Events, LLC (“Expo Experts”). Expo Experts has provided virtual and in-person

    CHICAGO, May 15, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended March 31, 2023. “The recruiting industry as a whole is still feeling the effects of the lingering financial and economic impact that has affec