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The Advisory Board Company
The Advisory Board Company Reports Results for Quarter Ended June 30, 2011
August 21st, 2011
The Advisory Board Company (NASDAQ: ABCO) announced financial results for the quarter ended June 30, 2011, the first quarter of its 2012 fiscal year. Revenue for the quarter increased 22.4% to $81.6 million, from $66.7 million in the quarter ended June 30, 2010. Contract value increased 21.2% to $332.5 million as of June 30, 2011, up from $274.4 million as of June 30, 2010. For the quarter ended June 30, 2011, net income was $3.9 million, or $0.23 per diluted share, compared to net income of $4.6 million, or $0.29 per diluted share, for the quarter ended June 30, 2010. For the quarter ended June 30, 2011, adjusted net income, non-GAAP earnings per diluted share, and adjusted EBITDA, all of...
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Source: Investment Business Weekly (2011-08-21)