Franklin Covey jumps on Q3 sales beat

Franklin Covey

29/06/2023 16:25

** Shares of coaching firm Franklin Covey  FC.N  rise 25.2%
to $44.75 
    ** Stock hits highest in three months 
    ** Co posts Q3 revenue of $71.4 mln vs avg analysts' est of
$69.6 mln - Refinitiv 
    ** FC also posts adj. core profit of $11.9 mln vs avg
analysts' est of $9.9 mln - Refinitiv
    ** Says results were driven by strong sales of subscription
and subscription-related services
    ** Including the session's gains, stock is down ~5% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))