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CEB Reports Second Quarter Results and Reaffirms 2013 Guidance

ARLINGTON, Va.--(BUSINESS WIRE)--The Corporate Executive Board Company (“CEB” or the “Company”) (NYSE: CEB) today announces financial results for the second quarter and six months ended June 30, 2013. Revenue increased 50.8% to $204.6 million in the second quarter of 2013 from $135.7 million in the second quarter of 2012. Net income in the second quarter of 2013 was $13.6 million, or $0.40 per diluted share, compared to $14.8 million, or $0.44 per diluted share, in the same period of 2012. Adjusted net income was $24.8 million and Non-GAAP diluted earnings per share were $0.73 in the second quarter of 2013 compared to $18.4 million and $0.55 in the same period of 2012, respectively.