Franklin Covey (FC) Tops Q2 EPS by 1c, Misses on Revenue; Offers Guidance

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Franklin Covey Reports Second Quarter Fiscal 2024 Financial Results

March 27, 2024 4:05 PM EDT

Second Quarter Consolidated Revenue Totals $61.3 Million Compared with $61.8 Million in the Prior Year

Second Quarter Subscription and Subscription Services Sales Total $50.3 Million and a Record $227.3 Million for the Rolling Four Quarters Ended February 29, 2024

Cash Flows From Operating Activities Increase to $30.2 Million Compared with $11.2 Million in Fiscal 2023 and Free Cash Flow Through February 29, 2024 Increases to $24.7 Million From $3.3 Million in the First Two Quarters of Fiscal 2023

Liquidity Remains Strong at over $103 Million, with $40.9 Million of Cash and No Drawdowns on the Companys $62.5 Million Credit... More