{"schema_version":"secwatch.filing_event.v1","accession":"0000886206-24-000024","form_type":"8-K","ticker":"FC","cik":"0000886206","company_name":"FRANKLIN COVEY CO","filed_at":"2024-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.150118+00:00","generated_at":"2026-06-04T07:31:15.510738+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Franklin Covey Q2 revenue $61.3M, EPS $0.06; guides FY24 Adj. EBITDA to $54.5M low end","bullets":["Q2 revenue $61.3M (down from $61.8M YoY); net income $0.9M ($0.06 diluted EPS) vs $1.7M ($0.12).","Adjusted EBITDA Q2 $7.4M vs $8.2M; FY24 guidance lowered to ~$54.5M (low end of $54.5-58.0M range).","Subscription & subscription services sales $50.3M (+5% YoY); deferred subscription revenue $86.1M (+13%).","Free cash flow first half $24.7M vs $3.3M; total liquidity over $103M with $40.9M cash, no credit line drawn.","Restructuring charges $1.7M and impaired asset of $0.9M recorded in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0000886206-24-000024","json":"https://secwatch.observer/filing/0000886206-24-000024.json","markdown":"https://secwatch.observer/filing/0000886206-24-000024.md","text":"https://secwatch.observer/filing/0000886206-24-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886206/000088620624000024/0000886206-24-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886206/000088620624000024/fc-20240327x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T07:31:15.510738+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3614173559e1d82a98355d8784dd21d724b39411","claim":"FRANKLIN COVEY CO reported second quarter of fiscal 2024 results: revenue $61.3 million, net income $0.9 million, EPS $0.06 per diluted share. Guidance lowered.","evidence_excerpt":"Salt Lake City, Utah 84119-2331 www.franklincovey.com  FRANKLIN COVEY REPORTS SECOND QUARTER FISCAL 2024 FINANCIAL RESULTS  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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886206/000088620624000024/0000886206-24-000024-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal 2024"},{"label":"Revenue","value":"$61.3 million"},{"label":"Net income","value":"$0.9 million"},{"label":"EPS","value":"$0.06 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}