Franklin Covey (FC) 3Q FY’2011 Financial Results, Double-Digit Growth in Revenue
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Welcome to CRWE Newswire, I’m Noemi Saenz. - Franklin Covey (FC) - reported Fiscal Third Quarter 2011 Results, posting its Fourth Consecutive Quarter of Double-Digit Growth in Revenue and Adjusted EBITDA. Net sales for the quarter totaling $40.9 million, a 34% increase over $30.5 million reported in the third fiscal quarter of the prior year. The improvement in net sales had a significant impact on the Company’s operating results as Adjusted EBITDA increased 160% to $5.2 million compared with $2 million in the prior year.