tiprankstipranks
Franklin Covey Reports Strong Financial Growth in 2024
Company Announcements

Franklin Covey Reports Strong Financial Growth in 2024

Pick the best stocks and maximize your portfolio:

The latest update is out from Franklin Covey Company ( (FC) ).

Franklin Covey Co. reported impressive financial results for the fourth quarter and fiscal year 2024, showcasing an 8% increase in consolidated revenue to $84.1 million and a 76% surge in net income to $12 million. The company’s strategic shift to a technology-enabled subscription business model has paid off, with strong cash flows and revenue growth driven by increased subscription services and intellectual property sales. Looking forward, Franklin Covey plans to accelerate growth through significant investments in expanding client relationships and acquiring new clients, aiming for double-digit revenue increases.

For an in-depth examination of FC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyFranklin Covey management to meet with Barrington
TheFlyFranklin Covey appoints Holly Procter chief revenue officer
TipRanks Auto-Generated NewsdeskFranklin Covey Reports Strong Fiscal 2024 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App