---
schema_version: "secwatch.filing_event.v1"
accession: "0000886206-23-000021"
form_type: "8-K"
ticker: "FC"
cik: "0000886206"
company_name: "FRANKLIN COVEY CO"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:53:24.544656+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FC Q3 FY2023: Record sales $71.4M (+8%), Adj. EBITDA $11.9M (+9%)

## Summary
- Consolidated sales $71.4M, up 8% YoY (9% constant currency); Education sales up 18%.
- Adjusted EBITDA $11.9M (+9%); sum billed+unbilled deferred subscription revenue up 21% to $140.9M.
- Purchased 664,000 shares for $25M during quarter; liquidity >$100M ($39.3M cash + undrawn $62.5M credit).
- Net income $4.6M ($0.32 diluted) vs $7.2M ($0.51) last year; decline from non-repeating tax credit.
- Affirms FY2023 Adjusted EBITDA guidance of $47M-$49M in constant currency, up from $42.2M in FY2022.

## SEC filing metadata
- accession: 0000886206-23-000021
- form_type: 8-K
- ticker: FC
- cik: 0000886206
- company_name: FRANKLIN COVEY CO
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886206/000088620623000021/0000886206-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886206/000088620623000021/fc-20230628x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886206-23-000021
- JSON: https://secwatch.observer/filing/0000886206-23-000021.json
- Plain text: https://secwatch.observer/filing/0000886206-23-000021.txt

## Key facts
- Earnings Releases
  FRANKLIN COVEY CO reported third quarter of fiscal 2023 results: revenue $71.4 million. Guidance reaffirmed.
  - Period: third quarter of fiscal 2023
  - Revenue: $71.4 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: www.franklincovey.com  FRANKLIN COVEY REPORTS RECORD SALES AND STRONG FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL 2023  Consolidated Sales Increase 8% to a Record $71.4 Million Compared with $66.2 Million in Fiscal 2022  Education Division Revenues Grow 18% over Fiscal 2022  Sum of Billed and Unbilled Deferred Subscription Revenue Increases 21% to
  evidence_url: https://www.sec.gov/Archives/edgar/data/886206/000088620623000021/0000886206-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.