SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Franklin Covey Co. (FC) on Wednesday reported a loss of $1.1 million in its fiscal second quarter.
The Salt Lake City-based company said it had a loss of 8 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The corporate training and consultanting company posted revenue of $59.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $62.7 million.
Franklin Covey expects full-year revenue in the range of $275 million to $285 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FC at https://www.zacks.com/ap/FC
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