Franklin Covey Q4 revenue falls and misses estimates
FC•FC•FC•FC•Franklin Covey reported Q4 revenue of $69.96 million, below the $72.24 million analyst estimate, while adjusted EBITDA rose 9% and net income increased to $7.1 million from $4.4 million a year earlier. The company expects FY2027 revenue of $263 million to $273 million and adjusted EBITDA of $29 million to $34 million.
Franklin Covey's Q4 revenue declined year over year to $69.96 million, missing the $72.24 million consensus estimate. Adjusted EBITDA rose 9% despite lower revenue, and net income increased to $7.1 million from $4.4 million a year earlier.
The company expects FY2027 revenue of $263 million to $273 million and adjusted EBITDA of $29 million to $34 million. It expects the China transition to reduce FY2027 revenue by about $2 million, with no material impact on adjusted EBITDA. Franklin Covey cited increased client commitments and higher deferred revenue in Enterprise North America, as well as operating discipline and Education segment retention and program expansion.
