Franklin Covey Reports Strong Fiscal 2019 Third Quarter Financial Results
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Franklin Covey (FC) Tops Q3 EPS by 6c, Revenues Beat; Provides Fiscal 2019 Adj. EBITDA Outlook
June 27, 2019 4:12 PM EDTFranklin Covey (NYSE: FC) reported Q3 EPS of ($0.14), $0.06 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $56 million versus the consensus estimate of $52.95 million.
Sales of $56.0 Million, Increased 11% Year-Over-Year, or 12% in Constant Currency, Fueled by Strong Growth in Both the Enterprise and Education DivisionsSubscription and Related Sales Increased 27% Year-Over-YearResults of Operations Improved by $0.7 Million Year-Over-YearAdjusted EBITDA of $3.1 Million, Increased by $2.5 Million Year-Over-Year, Increased $2.8 Million in Constant CurrencyOperating... More