Franklin Covey Co. announced its financial results for the second quarter of fiscal 2025, ended February 28, 2025. Consolidated revenue for the quarter was $59.6 million, or $60.1 million in constant currency, a decrease from $61.3 million in the second quarter of fiscal 2024. The Education Division's revenue increased 3% to $15.1 million.
The company reported a net income of $0.1 million, or $0.01 per diluted share, for the first two quarters of fiscal 2025, compared with $5.7 million, or $0.42 per diluted share, in the prior year. Adjusted EBITDA for the first two quarters was $9.7 million, or $10.7 million in constant currency, down from $18.4 million in the comparable period of fiscal 2024.
Franklin Covey revised its fiscal 2025 guidance, now expecting revenue between $275 million and $285 million, down from the previous range of $295 million to $305 million. Adjusted EBITDA guidance was also lowered to between $30 million and $33 million, from $40 million to $44 million. This revision was attributed to the impact of government actions and the current business environment on certain areas of the business, particularly government and international operations.
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