Franklin Covey (FC) Misses Q1 EPS by 2c, Revenues Beat

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Go back to Franklin Covey (FC) Misses Q1 EPS by 2c, Revenues Beat

Franklin Covey Reports Strong Start to Fiscal 2020

January 9, 2020 4:05 PM EST

Net Sales in the First Quarter Increase 9%, or $4.8 Million, to $58.6 Million with Strong Growth in Both the Enterprise and Education Divisions

Subscription and Subscription-Related Sales Increase 21% Over Prior Year First Quarter

Gross Profit Increases 14%, or $5.2 Million, to $42.0 Million for the First Quarter Compared with $36.8 Million in Fiscal 2019

Results of Operations Improve by $0.5 Million Compared with the Prior Year First Quarter and Adjusted EBITDA Improves 57%, or $1.8 Million, to $5.0 Million Compared with $3.2 Million in the First Quarter of Fiscal 2019

Company Affirms... More