Franklin Covey: Rises on Q2 sales beat, smaller-than-expected loss

Franklin Covey

04/04/2019 22:19

** Shares of corporate training firm Franklin Covey  FC.N 
up 5 pct at $27.66 after the bell
    ** Co posts second straight qtr of revenue beat with Q2
sales of $50.4 mln vs est of $48.9 mln, according to IBES data
from Refinitiv  urn:newsml:reuters.com:*:nBw7Nr2w7a
    ** Reports 8 pct growth in both Enterprise and Education
division sales
    ** Also posts smaller-than-expected loss with Q2 loss at 25
cents/shr vs analysts' loss estimate of 27 cents/shr
    ** Up to Thursday's close, FC up about 18 pct this year

 (Reporting by Soundarya J in Bengaluru)
 ((Reuters Messaging:
soundarya.j.thomsonreuters.com@reuters.net))