CEB (CEB) Tops Q2 EPS by 4c, Offers Guidance
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CEB Reports Second Quarter Results and Updates 2016 Guidance
July 26, 2016 4:16 PM EDTARLINGTON, Va.--(BUSINESS WIRE)-- CEB Inc. (CEB or Company) (NYSE: CEB), a best practice insight and technology company, today announced financial results for the second quarter ended June 30, 2016.
HIGHLIGHTS SECOND QUARTER 2016
Revenue of $242.6 million (an increase of 4.6%); Adjusted revenue of $251.1 million (an increase of 7.9%) Net income of $7.7 million (a decrease of 66.6%); Adjusted net income of $31.5 million (a decrease of 4.0%) Adjusted EBITDA of $64.5 million (an increase of 6.9%); Adjusted EBITDA margin of 25.7% Diluted earnings per share of $0.24 (a decrease of 65.2%); Non-GAAP... More