Revenue Update on Franklin Covey Co.(NYSE:FC)

Franklin Covey Co.(NYSE:FC) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Jun 30, 2016. Company reported revenue of $44.74M. Analysts estimated a revenue of $49.89M. Earnings per share were $-0.07. Analysts had estimated an EPS of $0.08.

Franklin Covey Co. (FC) made into the market gainers list on Tuesdays trading session with the shares advancing 2.74% or 0.38 points. Due to strong positive momentum, the stock ended at $14.24, which is also near the day’s high of $14.395. The stock began the session at $14.25 and the volume stood at 85,955 shares. The 52-week high of the shares is $19.63 and the 52 week low is $13.45. The company has a current market capitalization of $204 M and it has 1,42,97,803 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 8, 2016, Joel Clinton Peterson (director) sold 1,792 shares at $15.35 per share price.Also, On May 22, 2015, Capital Investment G Knowledge (10% owner) sold 400,000 shares at $20.00 per share price.On May 22, 2015, Donald J Mcnamara (director) sold 400,000 shares at $20.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Franklin Covey Co. (FranklinCovey) is a global company engaged in performance improvement. The Company operates in seven areas: Leadership Execution Productivity Trust Sales Performance Customer Loyalty and Education. The Company operates globally with one common brand and business model designed to enable the Company to provide clients around the world. The Company also provides clients with training in management skills relationship skills and individual effectiveness. The Company provides personal-effectiveness literature and electronic educational solutions to its clients. The Company’s practices are designed to provide content and delivery including books and recognized thought leadership multiple deliveries and teaching methods a practice-centric focused sales force and practice-specific marketing support.

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