Franklin Covey (FC) Tops Q3 EPS by 33c

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Go back to Franklin Covey (FC) Tops Q3 EPS by 33c

Franklin Covey Reports Strong Third Quarter 2022 Financial Results

June 29, 2022 4:05 PM EDT

Third Quarter Sales Increase 13% to a Record $66.2 Million Compared with $58.7 Million in Fiscal 2021

All Access Pass Subscription and Subscription Services Sales Grow 32% to $39.1 Million, Education Division Revenues Grow 21%

Sum of Billed and Unbilled Deferred Subscription Revenue Increases 21% to $116.5 Million Compared with May 31, 2021

Operating Income and Adjusted EBITDA Exceed Expectations, Operating Income Increases to $5.9 Million and Adjusted EBITDA Increases 27% to $10.9 Million

Liquidity Remains Strong, Cash Flows from Operating Activities Increase 28% to $39.5 Million, Available Liquidity Totals $67 Million After Investing $20.3 Million to... More