Franklin Covey (FC) Tops Q2 EPS by 21c, Revenues Miss

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Franklin Covey Reports Strong Second Quarter of Fiscal 2020

April 2, 2020 4:05 PM EDT

Net Sales in the Second Quarter Increase 7%, or $3.4 Million, to $53.7 Million with Growth in Both the Enterprise and Education Divisions

All Access Pass and Pass-Related Sales Increase 28% Over Prior Year Second Quarter

Gross Profit Increases 9%, or $3.3 Million, to $38.7 Million for the Second Quarter Compared with $35.4 Million in Fiscal 2019

Results of Operations Improve $3.2 Million in the Quarter Compared with the Prior Year and Adjusted EBITDA Improves 321%, or $3.1 Million, to $4.1 Million Compared with $1.0 Million in the Second Quarter of Fiscal 2019

Cash Flows from Operations... More