Franklin Covey (FC) Tops Q1 EPS by 24c; Offers EBITDA Guidance
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Franklin Covey Reports Strong Start to Fiscal 2022
January 6, 2022 4:05 PM ESTFirst Quarter Sales Increase 27% to a Record $61.3 Million Compared with $48.3 Million in Fiscal 2021
All Access Pass Subscription and Subscription Services Sales Grow 27% to $33.1 Million in the First Quarter, Education Division Revenues Grow 56%
Sum of Billed and Unbilled Deferred Subscription Revenue Increases 24% Over the Prior Fiscal Year to $121.1 Million
Operating Income and Adjusted EBITDA Exceed Expectations as First Quarter Operating Income Increases to $5.5 Million and Adjusted EBITDA Increases 167% to $9.9 Million
Liquidity and Financial Position Remain Strong
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