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 $140.9 Million Compared with May 31, 2022 Pre-Tax Income Increases 18% to $6.6 Million, Adjusted EBITDA Increases 9% to $11.9 Million Compared with $10.9 Million in Fiscal 2022 Company Purchases 664,000 Shares of its Common Stock for $25.0 Million During the Quarter Company Affirms Earnings Guidance for Fiscal 2023