Professional Diversity Network, Inc. Announces Financial Results for the Quarter and Fiscal Year Ended December 31, 2023
“2023 was a challenging year for PDN, considering the optimism we had as we closed out fiscal 2022.
- “2023 was a challenging year for PDN, considering the optimism we had as we closed out fiscal 2022.
- We are looking to penetrate these strategic areas as the need for diversification in the workforce is still in demand.
- On December 31, 2023, cash balances were approximately $628,000 as compared to $1,237,000 on December 31, 2022.
- Financial Results for the Year Ended December 31, 2023
Total revenues for the year ended December 31, 2023 decreased approximately $615,000, or 7.4%, to approximately $7,699,000 from approximately $8,314,000 during the prior year.