earnings
confidence high
sentiment positive
materiality 0.75
Franklin Covey Q3 net income up 25% to $5.7M; adj EBITDA $13.9M (+17%); FY24 guidance at low end of $54.5-$58.0M
FRANKLIN COVEY CO
2024-Q3 EPS reported
$0.85
revenue$203,109,000
- Q3 revenue $73.4M (+3% YoY); net income $5.7M ($0.43 diluted EPS), up from $4.6M ($0.32).
- Adjusted EBITDA $13.9M (+17% YoY); operating income $8.3M (+27%).
- Education Division revenue +18% to $20.1M; Enterprise Division down to $52.0M from $53.2M.
- Cash from operations 9 months $38.4M (+48%); free cash flow $30.6M (+96%).
- Board approved new $50M share repurchase plan; Q3 repurchases $7.4M (188,373 shares).