Corporate Executive Board Co. (EXBD)

The Corporate Executive Board Company provides resources, analytics, and data assets to business executives and professionals worldwide. The company engages in the research, analysis, and documentation of corporate best practices for significant and pressing issues that members confront, which are delivered through various channels, including published studies, interactive workshops, Web-based resources, and in-person meetings. It also connects members to a network of peer executives and professionals across industries and geographies, as well as offers quantitative benchmarks, based on member data, to manage performance and inform decisions. In addition, The Corporate Executive Board Company provides diagnostics and other workflow-enhancement tools that support decision making and streamline workflow; and decision support and advice to members on time-sensitive issues and best practices. Further, it offers executive education curriculum to executives and their teams through on site and e-learning platforms. The company provides its products and services in various areas comprising human resources, information technology, finance, legal and compliance, and sales and marketing. The Corporate Executive Board Company operates in the United States, Europe, and internationally. The company was founded in 1979 and is headquartered in Arlington, Virginia.

For the nine months 30 September 2006, The Corporate Executive Board Company's revenues rose 28% to $335.1M. Net income rose 4% to $56M. Revenues reflect cross-selling of additional subscriptions to existing members. Net income was partially offset by higher cost of services, an increase in general & administrative expenses, higher member relations & marketing expenses, an increase in depreciation & amortization expense and higher provision for income taxes.