SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Franklin Covey Co. (FC) on Wednesday reported fiscal second-quarter net income of $874,000.
The Salt Lake City-based company said it had net income of 6 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The corporate training and consultanting company posted revenue of $61.3 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $62 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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