SALT LAKE CITY (AP) _ Franklin Covey Co. (FC) on Thursday reported fiscal first-quarter net income of $3.8 million, after reporting a loss in the same period a year earlier.

The Salt Lake City-based company said it had net income of 27 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The corporate training and consultanting company posted revenue of $61.3 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $55.4 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FC at https://www.zacks.com/ap/FC

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