Franklin Covey (FC) Tops Q2 EPS by 7c; Boosts Outlook
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Franklin Covey Reports Strong Second Quarter 2022 Financial Results
March 30, 2022 4:05 PM EDTSales Increase 18% to $56.6 Million Compared with $48.2 Million in Fiscal 2021
All Access Pass Subscription and Subscription Services Sales Grow 29% to $32.0 Million, Education Division Revenues Grow 31%
Sum of Billed and Unbilled Deferred Subscription Revenue Increases 24% to $119.3 Million
Operating Income and Adjusted EBITDA Exceed Expectations, Operating Income Increases to $3.5 Million and Adjusted EBITDA Increases 57% to $8.0 Million
Liquidity and Financial Position Remain Strong, Cash Flows Increase to $23.2 Million and Available Liquidity Increases to $76 Million
Company Increases Earnings Guidance for... More
