Navigant Consulting (NCI) Misses Q4 EPS by 3c, FY Revenue Guidance Beats
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Navigant Reports Fourth Quarter and Full-Year 2018 Financial Results and Provides 2019 Outlook
February 26, 2019 7:00 AM ESTCHICAGO--(BUSINESS WIRE)-- Navigant (NYSE: NCI) today reported financial results for the quarter and year ended December 31, 2018, which finished in-line with the Companys communicated guidance range.
Fourth quarter 2018 financial summary:
Revenues and revenues before reimbursements (RBR) of $193.2 and $174.6 million respectively, were up 9% and 11% compared to fourth quarter 2017 Net income from continuing operations of $3.8 million was down $18.6 million from the prior year period primarily due to the tax gain related to the Tax Cuts and Jobs Act (Tax Reform) recognized in 2017... More