Franklin Covey Shares Fall Nearly 8% After Q1 Miss, Management Reaffirms Optimistic Guidance
Franklin Covey Shares Fall Nearly 8% After Q1 Miss, Management Reaffirms Optimistic Guidance
Franklin Covey Co. (NYSE:FC) fell 7.93% in after-hours on Wednesday as it missed the first-quarter estimates, but the management highlighted that the combined impact of its focused initiatives will boost future earnings, reaffirming its guidance for the current fiscal.
富兰克林柯维公司(纽交所:FC)在周三的盘后交易中下跌了7.93%,因为其第一季度的业绩未能达到预期,但是管理层强调,其集中举措的综合影响将提升未来的盈利,重申了当前财年的指导意见。
What Happened: Paul Walker, the president, CEO, and director of Franklin Covey highlighted two key areas of focus in 2025, including client penetration and onboarding new customers, also called, logo-hunting.
发生了什么:富兰克林柯维的总裁、首席执行官及董事保罗·沃克强调了2025年的两个关键关注领域,包括客户渗透和新客户的引入,也称为标识猎捕。
Talking about client penetration, he said that the previous fiscal's revenue per client expanded 218% to $85,000 from $39,000. Walker explained that this expansion occurs when organizations who have been utilizing one or more of its solutions renew and expand their subscription.
谈到客户渗透,他表示,上一财年的每客户营业收入从39,000美元增长到85,000美元,增长了218%。沃克解释说,这种扩展发生在那些持续使用一种或多种解决方案的组织renew与扩展他们的订阅时。
"Since our conversion to subscription, we've won thousands of new logos," Walker added during the call. Pegging this as Project Land, the company's focus in this area helped them get one of the five largest banks in America as a client. The coaching company, providing training and assessment services in the areas of leadership, individual effectiveness, and business execution partnered with this bank in the development of 2,000 of their leaders.
“自从我们转型为订阅制以来,我们赢得了数千个新标识,”沃克在会议中补充道。将此称为项目土地,该公司在这一领域的重点使他们获得了美国五大银行之一作为客户。这家提供领导力、个人效能和业务执行领域培训与评估服务的辅导公司,与该银行合作开发了2,000名领导者。
Why It Matters: CFO Steve Young reaffirmed the guidance provided at year-end, expecting revenue in the range of $295 million to $305 million in constant currency terms and adjusted EBITDA in the range of $40 million to $44 million. "We'll need to achieve accelerated revenue growth in the back half of the year, and we expect this to happen," Young said.
为什么重要:首席财务官史蒂夫·杨重申了年底提供的指导,预计在恒定货币条件下,营业收入将在29,500万到30,500万之间,调整后的 EBITDA 在4000万到4400万之间。"我们需要在下半年的取得加速的收入增长,我们预计这会发生,”杨说。
In the first quarter of the current fiscal its consolidated revenue increased to $69.1 million compared with $68.4 million in the same quarter of the previous fiscal. It missed Benzinga's estimate by 1.52%, which was pegged at $70.15 million.
在当前财年的第一季度,其合并营业收入增长至6910万,与上一财年同一季度的6840万相比。它missed了Benzinga对此的预期1.52%,该预期为7015万。
The company earnings per share came in at $0.09, missing Benzinga's estimate by 59.1% of $0.22 per share. However, its liquidity remained strong at over $115 million, with $53.3 million of cash and no drawdowns on the company's $62.5 million credit facility.
该公司的每股收益为0.09美元,未能达到Benzinga的预期0.22美元每股的59.1%。然而,其流动性保持强劲,超过11,500万,有5,330万现金,并且未抽调公司6,250万的信用额度。
Price Action: Franklin Covey shares have fallen by 7.93% over the last six months, underperforming the NYSE Composite Index, which rose by 6.61% in the same period.
价格动态:富兰克林柯维的股价在过去六个月下跌了7.93%,表现不及汉堡证券综合指数。在同一时期,该指数上涨了6.61%。
According to Benzinga, FC has a consensus price target of $63.33 per share, with a 'buy' rating based on the ratings of three analysts. The highest price target out of all the analysts tracked by Benzinga is $95 issued by Northland Capital Markets as of March 28, 2024. The lowest target price is $45 per share issued by Barrington Research on Nov. 7, 2024.
根据Benzinga的数据,FC的共识目标价为每股63.33美元,基于三位分析师的评级给予了"买入"评级。Benzinga追踪的所有分析师中,北方资本市场在2024年3月28日给予的最高目标价为95美元。最低目标价为巴林顿研究在2024年11月7日发布的每股45美元。
The average price target between the recent ratings by Barrington Research and Roth MKM implies a 32.2% upside for Franklin Covey.
巴林顿研究和Roth MKm最近的评级之间的平均目标价暗示富兰克林柯维有32.2%的上涨空间。
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