Welcome to our dedicated page for Franklin Covey Co news (Ticker: FC), a resource for investors and traders seeking the latest updates and insights on Franklin Covey Co stock.
Franklin Covey Co. (NYSE: FC) regularly issues news and updates that reflect its role as an organizational performance company with Enterprise and Education divisions. Its announcements cover financial results, leadership changes, capital allocation decisions, and new course launches tied to its content and training offerings.
Investors following FC news will see quarterly and annual earnings releases that detail revenue by division and segment, subscription and subscription services revenue, deferred subscription revenue, and non-GAAP measures such as Adjusted EBITDA and Free Cash Flow. These releases often include management commentary on the company’s go-to-market transformation, multi-year contract mix, and trends in its Enterprise and Education divisions.
Franklin Covey’s news flow also includes disclosures about share repurchase authorizations and Rule 10b5-1 trading plans, which explain how the company uses stock repurchases within its capital allocation strategy. Additional items include conference call announcements for upcoming earnings discussions and summaries of those events in related SEC filings.
Beyond financial reporting, Franklin Covey issues news about new leadership development and communication courses, such as offerings based on bestselling books and programs designed to help leaders navigate disruption or improve writing effectiveness. The company also highlights events like the FranklinCovey Impact Conference, which features authors, leadership experts, and panels on topics including AI and leadership.
By monitoring this news page, readers can review Franklin Covey’s latest earnings results, strategic initiatives in its Enterprise and Education divisions, updates on share repurchase activity, and introductions of new courses and events that support its organizational performance focus.
Franklin Covey Co. (FC) reported a 27% increase in first-quarter sales, reaching a record $61.3 million compared to $48.3 million in the same period last year. Subscription and subscription services sales also grew by 27% to $33.1 million, with the education division's revenues up 56%. The company's operating income rose to $5.5 million, while adjusted EBITDA surged 167% to $9.9 million. Billed and unbilled deferred revenue climbed 24% to $121.1 million. With a strong liquidity position, the company remains optimistic about future growth.
Franklin Covey Co. (NYSE: FC) will hold a conference call on January 6, 2022, at 5:00 p.m. ET, to discuss its first quarter fiscal 2022 financial results, released after market close. Interested parties can join by calling 800-708-4540 or via webcast at here. A replay will be available from 7:30 p.m. ET on January 6 until January 20, 2022, on the company’s investor relations website.
FranklinCovey (NYSE: FC) has launched a new course, Change: How to Turn Uncertainty Into Opportunity, aimed at helping individuals and organizations navigate workplace change effectively. This course emphasizes the importance of understanding human reactions to change, highlighting that successful change relies on engaging all organizational levels, not just processes. The course is supported by research indicating only 26% of organizational transformations are deemed successful. Various learning modalities are available, with plans to offer translations in multiple languages by 2022.
Franklin Covey Co. (NYSE: FC) reported strong financial results for the fourth quarter and fiscal 2021, with sales reaching a record $68.9 million, a 41% increase year-over-year. Full-year sales rose 13% to $224.2 million, driven by a 41% surge in subscription services. Adjusted EBITDA grew 18% to $10.6 million in Q4, totaling $28.0 million for the year, a 96% increase. Cash flows from operating activities rose 68% to $46.2 million. The company holds $47.4 million in cash and expects substantial growth in its subscription model moving forward.
Franklin Covey Co. (NYSE: FC) will hold a conference call on November 9, 2021, at 5:00 p.m. ET to discuss its fourth quarter and fiscal 2021 year-end financial results. The financial results will be released after market close on the same day. Participants can join via phone or access a live webcast. A replay will be available from November 9 through November 23, 2021 on the Investor Relations section of the company’s website.
Master Mentors: 30 Transformative Insights From Our Greatest Minds, authored by Scott Jeffrey Miller, gained #1 Amazon bestseller status ahead of its release on
Franklin Covey Co. (NYSE: FC) reported robust financial results for Q3 of fiscal 2021, concluding May 31, 2021. Consolidated sales reached a record $58.7 million, up from $37.1 million in 2020, driven by a 17% increase in All Access Pass (AAP) sales. Gross profit surged to $45.9 million, reflecting a 587 basis point improvement in gross margin. Adjusted EBITDA rose to $8.6 million, a substantial gain from a loss of $(3.6) million in 2020. The company's liquidity remained strong with $35.8 million in cash, and deferred subscription revenue increased by 25% to $96.6 million.
Franklin Covey Co. (NYSE: FC) announced a conference call for its third quarter fiscal 2021 financial results, scheduled for June 30, 2021, at 5:00 p.m. ET. The company will release its financial results after market close on the same day. Participants can join by calling 800-708-4539 or via webcast. A replay will be available from 7:30 p.m. ET on June 30 through July 14, 2021. Franklin Covey specializes in organizational performance improvement and serves numerous global clients across various sectors.
FranklinCovey (FC) has launched Jhana® for Individuals, a new training solution designed to enhance performance support for employees. This innovative program offers bite-size learning opportunities that fit into the workflow, promoting essential skills like emotional intelligence and resilience. Paul Walker, President and COO, highlighted the necessity for organizations to develop next-level skills to achieve objectives. Jhana is accessible via the FranklinCovey All Access Pass®, which has helped grow annual subscription revenue to nearly $100 million.
FranklinCovey Education has launched three new educational podcasts aimed at providing inspiration and life-changing content for educators, students, and administrators. The podcasts include Change Starts Here, The Empowering Teacher, and Realiteen Talks. Each podcast offers valuable discussions and interviews with industry experts, focusing on leadership, empowerment, and personal growth. The Change Starts Here podcast, hosted by Managing Director Dustin Odham, emphasizes unlocking human potential. New episodes are released weekly on platforms such as YouTube, Spotify, and Apple Podcasts.
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