--- title: "Franklin Covey Stock Falls After Hours After Cutting Revenue Guidance Despite Higher Profit: Here’s What’s Going On" type: "News" locale: "en" url: "https://longbridge.com/en/news/291504282.md" description: "Franklin Covey (NYSE:FC) shares dropped 18.17% in after-hours trading despite reporting stronger Q3 fiscal 2026 profits and EBITDA growth. The decline was driven by the company lowering its full-year revenue guidance to $260-$267 million, citing delayed enterprise contract deliveries, state budget cuts affecting education clients, and geopolitical pressures." datetime: "2026-07-02T05:47:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291504282.md) - [en](https://longbridge.com/en/news/291504282.md) - [zh-HK](https://longbridge.com/zh-HK/news/291504282.md) generator: "portal-rs" --- # Franklin Covey Stock Falls After Hours After Cutting Revenue Guidance Despite Higher Profit: Here’s What’s Going On **Franklin Covey Co.** (NYSE:FC) shares fell sharply in after-hours trading on Wednesday after the company lowered its full-year revenue guidance, overshadowing stronger profit growth and improved adjusted EBITDA in its third-quarter fiscal 2026 results. FC closed Wednesday’s regular session at $24.99, up 1.88%. In after-hours trading, shares fell to $20.45, down 18.17%. Franklin Covey is a leadership and organizational performance company focused on corporate training, execution solutions and subscription-based learning services. ## Guidance Cut Pressures Shares Franklin Covey reported third-quarter revenue of $67.8 million, up 1% from $67.1 million in the prior-year quarter. Net income improved to $3.1 million, or 27 cents per diluted share, compared with a net loss of $1.4 million, or 11 cents per share, a year earlier. Adjusted EBITDA rose 14% year over year to $8.3 million. Despite the improved profitability, investors appeared focused on weaker forward guidance. The company lowered fiscal 2026 revenue guidance to a range of $260 million to $267 million from prior guidance of $265 million to $275 million. Franklin Covey said the revised outlook reflects delayed delivery related to a large enterprise contract, state budget cuts affecting a major education client and continued geopolitical pressures in international markets. CEO **Paul Walker** said the company continues to see strong momentum in Enterprise North America despite near-term headwinds in the Education segment. **Read Also: SurgePays (SURG) Stock Surges Over 61% After Hours: Why Is It Moving?** ## Trading Metrics Franklin Covey has a market capitalization of approximately $281.7 million. The stock has traded between a 52-week high of $26.81 and a 52-week low of $11.16. Over the past 12 months, FC shares are up approximately 3.39%. Since the year began, the stock has shot up over 50%. **Benzinga Edge Stock Rankings** indicate positive short-term, medium-term and long-term price trends. ***Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* **Read Also: Jim Cramer Says Meta Is Entering the 'Most Lucrative Game,' Reiterates AI Cloud Business Is 'Worth $100' Per Share as Stock Pops 9%** *Photo Courtesy: ZCOOL HelloRF on Shutterstock.com* ### Related Stocks - [FC.US](https://longbridge.com/en/quote/FC.US.md) - [SURG.US](https://longbridge.com/en/quote/SURG.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) ## Related News & Research - [How Meta tried, and failed, to grab its employees' data for AI](https://longbridge.com/en/news/298706095.md) - [Sure, Meta’s AI Muse works, but it sure creeps me out](https://longbridge.com/en/news/298615901.md) - [Meta Enters the ‘Battle of the Agents’ With an Advantage Rivals Can’t Easily Copy](https://longbridge.com/en/news/298584398.md) - [Mark Zuckerberg's Meta Is Charging Consumers for a Personal AI Agent for the First Time. Here's What $20 and $100 a Month Could Add to Revenue.](https://longbridge.com/en/news/298687939.md) - [We opened a taco shop because Meta is building an AI data center nearby. Now 40% of our business is tied to it.](https://longbridge.com/en/news/298129812.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**