CEB Reports Fourth Quarter Results and Provides 2014 Guidance

ARLINGTON, Va.--(BUSINESS WIRE)--The Corporate Executive Board Company (“CEB” or the “Company”) (NYSE: CEB) today announced financial results for the fourth quarter and year ended December 31, 2013. Revenue increased 15.3% to $223.4 million in the fourth quarter of 2013 from $193.7 million in the fourth quarter of 2012. Net income in the fourth quarter of 2013 was $12.6 million, or $0.37 per diluted share, compared to $7.2 million, or $0.21 per diluted share, in the same period of 2012. Adjusted net income was $28.8 million and Non-GAAP diluted earnings per share were $0.84 in the fourth quarter of 2013 compared to $23.6 million and $0.69 in the same period of 2012, respectively.