Quote data as of 5:17 AM ET
Franklin Covey Co. provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through three segments: Direct Offices, International Licensees, and Education Practice. It also provides a suite of individual-effectiveness and leadership-development training and products. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
Franklin Covey returned to profitability in Q3 with net income of $3.1 million, or $0.27 per share, compared to a net loss in the prior year, while Adjusted EBITDA rose 14% to $8.3 million.
Revenue edged up 1% to $67.8 million, driven by strength in Enterprise North America, though the company lowered its full-year revenue guidance range to $260 million–$267 million to account for specific timing and budget headwinds.
Management maintained its Adjusted EBITDA guidance within a narrower range of $28 million–$31 million, highlighting effective cost discipline and strong liquidity of over $74 million.