Franklin Covey reports Q1 EPS 9c, two estimates 22c
Reports Q1 revenue $69.1M, consensus $70.2M. Paul Walker, CEO, said, “Our first quarter revenue grew 1% to $69.1 million compared with $68.4 million in last year’s first quarter. This result reflects strong growth in our Education Division where revenue grew 11% while sales were flat in the Enterprise Division, which was in-line with our expectations when we began the transition of our sales force to a more focused and powerful go-to-market model in North America. First quarter Adjusted EBITDA was $7.7 million, or $8.1 million in constant currency, which was also in-line with our expectations for the quarter. This result compares with $11.0 million of Adjusted EBITDA in fiscal 2024 and includes the first quarter impact of $16 million of expected growth investments in fiscal 2025 to transform our sales structure and accelerate sales growth in North America.”
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FC:
- Options Volatility and Implied Earnings Moves Today, January 08, 2025
- Options Volatility and Implied Earnings Moves This Week, January 06 – January 10, 2025
- FC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Franklin Covey management to meet with Barrington
- Franklin Covey appoints Holly Procter chief revenue officer
