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Corporate Executive Board 3Q Earnings Decline
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EXBD
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NEW YORK (AP) — Corporate Executive Board Co. said Tuesday its third-quarter profit fell 29 percent on weaker revenue, but the corporate strategy and human resources consultancy beat analyst expectations and shares gained.
For the three months ended in September, net income declined to $14.2 million, or 41 cents per share, compared with $20 million, or 59 cents per share, a year earlier.
Excluding one-time items, the Arlington, Va., company earned 45 cents per share. ...
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