Financials
The Advisory Board Company Reports Fiscal Year 2008 Second Quarter Results
Published in Healthcare Mergers, Acquisitions and Ventures Week, November 24th, 2007
The Advisory Board Company (NASDAQ:ABCO) announced financial results for the second quarter of its fiscal year ending March 31, 2008. Revenues for the quarter increased 16% to $54.0 million, from $46.7 million in the second quarter of fiscal 2007. Net income was $8.5 million, or $0.45 per diluted share, compared to $7.2 million, or $0.37 per diluted share, for the same period a year ago. Contract value grew 17% to $217.5 million as of September 30, 2007, up from $186.3 million as of September 30, 2006.
For the six months ended September 30, 2007, revenues increased 16% to $105.1 million, from $90.9 million for the six months ended September 30, 2006. Net income for the...
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