The Corporate Executive Board Reports Second-Quarter Diluted Earnings Per Share of $0.49 on...

Wednesday July 23, 4:17 pm ET ARLINGTON, Va.--(BUSINESS WIRE)--The Corporate Executive Board Company (“CEB” or the “Company”) (NASDAQ: EXBD - News ) today announces financial results for the second quarter ended June 30, 2008. Revenues for the second quarter increased 8.8% to $141.2 million from $129.7 million for the second quarter of 2007. Net income decreased 4.2% to $16.6 million from $17.3 million. Diluted earnings per share for the second quarter of 2008 increased 6.5% to $0.49 from $0.46 for the second quarter of 2007. For the first six months of 2008, revenues were $279.2 million, a 9.8% increase from $254.2 million for the first half of 2007. Net income for the first six months of 2008 decreased 11.5% to $32.5 million from $36.7 million for the first six months of 2007. Diluted earnings per share for the first six... [read full story]