Adjusted EBITDA increased to $11.7 million, or 26%, compared with $9.3 million in fiscal 2011. Net income for the two quarters ended February 25, 2012 totaled $2.8 million ($.16 per diluted share) compared with $1.1 million ($.06 per diluted share) on the strength of improved pretax income and a lower effective income tax rate.Cash flows from operating activities for the two quarters ended February 25, 2012 increased to $9.2 million compared with $8.3 million in the first two quarters of fiscal 2011.
Franklin Covey Reports Strong Second Quarter Fiscal 2012 Financial Results
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