---
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"
generated_at: "2026-06-04T07:31:15.510738+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Covey Q2 revenue $61.3M, EPS $0.06; guides FY24 Adj. EBITDA to $54.5M low end

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- 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/886206/000088620624000024/0000886206-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886206/000088620624000024/fc-20240327x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886206-24-000024
- JSON: https://secwatch.observer/filing/0000886206-24-000024.json
- Plain text: https://secwatch.observer/filing/0000886206-24-000024.txt

## Key facts
- Earnings Releases
  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.
  - Period: second quarter of fiscal 2024
  - Revenue: $61.3 million
  - Net income: $0.9 million
  - EPS: $0.06 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/886206/000088620624000024/0000886206-24-000024-index.htm

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