Rochester, NY 9/1/2009 8:17:59 AM
Advisory Board Co.,ABCO, Down by 0.38% in Afternoon Trading
Advisory Board Co.
The Advisory Board Co., whose research and analysis clients include hospitals, drug makers and health insurance companies, reported flat revenue and a drop in profits for its latest quarter.
The Washington-based company had fiscal first quarter net income of $4.2 million, or 27 cents per share, compared to net income of $6.3 million or 36 cents per share a year earlier. Revenue was $56.7 million, compared to $57. 2 million.
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Last Trade: 26.43
Day's Range: 25.79 - 26.59
52wk Range: 13.45 - 34.91
Change: Down 0.10 (0.38%)
Volume: 67,225
Avg Vol (3m): 88,158.5
ABOUT The Advisory Board Company
The Advisory Board Company provides best practices research, analysis, executive education and leadership development, decision support tools, and installation support services primarily to the health care industry. Its programs focus on business strategy, operations, and general management issues. The company's program services include best practices research studies, executive education, proprietary content databases and online tools, daily online executive briefings, executive inquiry service, business intelligence and analytic tools, and best practices installation support. Its best practices research services focus on identifying best-demonstrated management practices, critiquing widely-followed but ineffective practices, and analyzing emerging trends in the health care and education industries; business intelligence and analytics programs enable members to pair their own operational data with the best practices insights; and installation support programs assist member institutions to adopt and implement best practices to enhance performance.
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