Franklin Covey Reports First Quarter Fiscal 2021 Results
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Franklin Covey (FC) Tops Q1 EPS by 8c, Revenue Beat
January 7, 2021 4:12 PM ESTFranklin Covey (NYSE: FC) reported Q1 EPS of ($0.06), $0.08 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $48.3 million versus the consensus estimate of $48.03 million.
Net Income and Adjusted EBITDA Exceed ExpectationsCompanys Powerful Subscription Business Growth Engine, the All Access Pass and Leader in Me Membership, Show Continued Strong Growth, High Revenue Retention, and Durability with ClientsImproved Gross Margin and Decreased Operating Expenses Allow Income from Operations to Remain Effectively Even with the Prior Years Strong Performance Despite PandemicCash Flows from Operating Activities Increases 59% to... More