Adjusted EBITDA increased to $17.4 million, or 20%, compared with $14.5 million in fiscal 2011. Net income for the three quarters ended May 26, 2012 totaled $4.4 million ($.24 per diluted share) compared with $1.8 million ($.11 per diluted share) on the strength of improved pretax income and a lower effective income tax rate.Cash flows from operating activities for the three quarters ended May 26, 2012 increased to $8.7 million compared with $6.2 million in the first three quarters of the prior year.
Franklin Covey Reports Strong Third Quarter Fiscal 2012 Financial Results – Now Expects To Exceed The High End Of Its Previous Adjusted EBITDA Guidance Range For Fiscal 2012 Year
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