Franklin Covey jumps on Q3 revenue beat, CEO appointment

Franklin Covey

01/07/2021 15:16

** Shares of education consultation service co  FC.N  up as
much as 15.36% at $37.32; Stock among top pct gainers on NYSE
    ** Co's Q3 revenue beat estimates driven by subscription
service sales  urn:newsml:reuters.com:*:nASA02CQI
    ** Says booking and delivery trends in the education
division strengthened in Q3
    ** Raises its guidance for fiscal 2021 and now expects
adjusted EBITDA to total between $24.5 mln and $26.5 mln vs
previous estimates of $20 mln to $22 mln
    ** Co also names Paul Walker as new President and CEO
effective Sept.1  urn:newsml:reuters.com:*:nFWN2OD0MA
    ** Walker currently serves as co's chief operating officer 
    ** Stock up ~69% YTD, as of last close 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))