CEB (CEB) Tops Q3 EPS by 3c, Offers FY Guidance

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CEB Reports Third Quarter Results and Updates 2016 Guidance

October 25, 2016 4:16 PM EDT

ARLINGTON, Va.--(BUSINESS WIRE)-- CEB Inc. (CEB or Company) (NYSE: CEB), a best practice insight and technology company, today announced financial results for the third quarter ended September 30, 2016.

HIGHLIGHTS THIRD QUARTER 2016 vs 2015

Revenue of $229.8 million (a decrease of 0.9%); Adjusted revenue of $230.9 million (a decrease of 0.6%) Net income of $7.5 million (a decrease of 76.5%); Adjusted net income of $29.3 million (a decrease of 12.6%) Adjusted EBITDA of $59.7 million (a decrease of 4.3%); Adjusted EBITDA margin of 25.8% Diluted earnings per share of $0.23 (a... More