CEB (CEB) Tops Q2 EPS by 44c; Acquires CEO Forum Group in A$13M Deal

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CEB Acquires Australia's CEO Forum Group

July 28, 2015 4:10 PM EDT

ARLINGTON, Va., July 28, 2015 /PRNewswire/ -- CEB, (NYSE: CEB), a best practice insight and technology company, today announced that it has acquired Australia-based CEO Forum Group for $13 million AUD. The company is the leading provider of membershipbased peer group briefing services serving senior executives of foreign-owned multinational organizations doing business in Australia. CEO Forum Group services extend CEB's Leadership Council model, which enables members to apply insights from the best companies to save time and improve business... More

CEB Reports Second Quarter Results and Updates 2015 Guidance

July 28, 2015 4:05 PM EDT

Company Raises Full-Year Non-GAAP EPS Outlook

ARLINGTON, Va.--(BUSINESS WIRE)-- CEB Inc. (CEB or the Company) (NYSE: CEB) today announced financial results for the second quarter ended June 30, 2015. Revenue increased 0.7% to $232.0 million in the second quarter of 2015 from $230.4 million in the second quarter of 2014. Net income in the second quarter of 2015 was $23.2 million, or $0.69 per diluted share, compared to a net loss of $6.4 million, or $0.19 per diluted share, in the same period of 2014. Included in net income for the second quarter of 2015 was $4.8 million of pre-tax debt extinguishment costs... More