Franklin Covey (FC) Tops Q4 EPS by 13c, Revenues Miss

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Go back to Franklin Covey (FC) Tops Q4 EPS by 13c, Revenues Miss

Franklin Covey Reports Strong Fiscal 2018 Fourth Quarter and Full Fiscal Year Financial Results

November 8, 2018 4:05 PM EST

Enterprise Division Leads Outstanding Year with 17% Growth in Sales; 72% Growth in All Access Pass and Related Sales; 643 Basis Point Increase in Gross Margin; and a 96% Increase in Adjusted EBITDA

Consolidated Fiscal 2018 Sales Increase 13%, or $24.5 Million, to $209.8 Million; Gross Profit Increases 21%, or $25.6 Million, to $148.3 Million; and Adjusted EBITDA Increases 54% to $11.9 Million

Fourth Quarter All Access Pass and Related Revenue Increases 59% Compared with the Fourth Quarter of Fiscal 2017, Billed and Unbilled Deferred Revenue Grows 36% to $72.9 Million

Strong Fourth Quarter: Sales Increase 9% to $64.8 Million; Gross Profit Increases 14% to $47.8 Million; Gross... More