Franklin Covey GAAP EPS of $0.51 beats by $0.33, revenue of $66.18M beats by $1.91M

Jun. 29, 2022 4:11 PM ETFranklin Covey Co. (FC)By: Pranav Ghumatkar, SA News Editor
  • Franklin Covey press release (NYSE:FC): Q3 GAAP EPS of $0.51 beats by $0.33.
  • Revenue of $66.18M (+12.7% Y/Y) beats by $1.91M.
  • Adjusted EBITDA for the quarter ended May 31, 2022 improved 27%, or $2.3 million, to $10.9 million compared with $8.6 million in the third quarter of the prior year, reflecting increased sales and strong gross margin.
  • 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.

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