Franklin Covey (FC) Reports In-Line Q4 EPS

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Franklin Covey Reports Strong Financial Results for Full Year Fiscal 2023 and Fourth Quarter

November 1, 2023 4:05 PM EDT

Consolidated Sales for the Year Increase 7% to a Record $280.5 Million Compared with $262.8 Million in Fiscal 2022

Education Division Revenues Grow 13% Compared with Fiscal 2022

Sum of Billed and Unbilled Deferred Subscription Revenue Increases 22% to $186.4 Million Compared with $153.4 Million as of August 31, 2022

Pre-Tax Income for Fiscal 2023 Increases 17% to $25.9 Million, Adjusted EBITDA Increases 14% to $48.1 Million Compared with $42.2 Million in Fiscal 2022

Company Purchases 885,500 Shares of its Common Stock for $35.6 Million During Fiscal 2023

Company Provides Earnings Guidance for Fiscal 2024

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