Advisory Board Co. (ABCO) reported third-quarter net income attributable to common stockholders of $4.4 million, or $0.12 per share, compared to $8.1 million, or $0.23 per share in the year-ago quarter.
Adjusted net income for the third quarter was $10.2 million or $0.28 per share, down from $10.5 million or $0.30 per share in the comparable quarter last year.
Revenue for the second quarter increased 18.1% to $116.23 million from $98.46 million a year earlier.
On average, analysts polled by Thomson Reuters expected the company to earn $0.30 per share on revenue of $115.57 million for the third quarter.
For calendar year 2013, the company expects non-GAAP earnings to be in the range of about $1.18 to $1.28 per share and revenue in the range of about $495 million to $505 million. Analysts currently expect earnings of $1.24 per share and revenues of $448.93 million for fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.