Franklin Covey (FC) Tops Q1 EPS by 4c

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Go back to Franklin Covey (FC) Tops Q1 EPS by 4c

Franklin Covey Reports Strong First Quarter Results to Start Fiscal 2023

January 5, 2023 4:05 PM EST

Consolidated Sales Increase 13% to $69.4 Million Compared with $61.3 Million in Fiscal 2022, Sales Grow 14% for the Latest Four Quarters

All Access Pass Subscription and Subscription Services Sales Grow 20% to $39.6 Million, Education Division Revenues Grow 23% over Fiscal 2022

Sum of Billed and Unbilled Deferred Subscription Revenue Increases 25% to $151.6 Million Compared with November 30, 2021

Net Income and Adjusted EBITDA Exceed Expectations, Net Income Increases 22% to $4.7 Million, Adjusted EBITDA Increases 16% to $11.5 Million, Latest Four Quarters Adjusted EBITDA Increases 28% to $43.7 Million

Liquidity and Financial Position Remain Strong with Available Liquidity... More