Franklin Covey Reports Strong Financial Results to Start Fiscal 2024
During the first quarter of fiscal 2024, AAP subscription revenue retention levels in the United States and Canada remained strong and were greater than 90%.
- During the first quarter of fiscal 2024, AAP subscription revenue retention levels in the United States and Canada remained strong and were greater than 90%.
- Foreign exchange rates had an immaterial impact on the Company’s sales and operating results during the first quarter of fiscal 2024.
- Operating Income: The Company’s income from operations for the first quarter of fiscal 2024 was $5.3 million, compared with $6.4 million in fiscal 2023.
- On Thursday, January 4, 2024, at 5:00 p.m. Eastern (3:00 p.m. Mountain) Franklin Covey will host a conference call to review its fiscal 2024 first quarter financial results.