Rochester, NY 8/19/2009 11:06:17 PM
Huron Consulting Group Inc., HURN - Huron Consulting shares rise on second quarter financial results
Huron Consulting Group Inc.
Shares of Huron Consulting Group Inc. gained a market high soon after the business consultant reported growth in revenue and profit for the second quarter.
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The Chicago-based company late Monday said profit for the second quarter was $9.6 million, or 47 cents per share, compared with $1.1 million, or 6 cents per share, in the same period a year ago.
The latest quarter's results included a one-time gain of $2.7 million. Excluding that and other one-time items, the company reported net income 84 cents per share.
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