Advisory Board Company Q4 Profit Rises - Quick Facts

(RTTNews) - The Advisory Board Company (ABCO) reported fourth-quarter net income attributable to stockholders of $8.3 million, or $0.22 per share, compared to $6.5 million, or $0.18 per share, last year. Adjusted net income for the quarter ended March 31, 2014 was $12.6 million, or $0.34 per share.

On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.30 for the quarter. Analysts' estimates typically exclude special items. Revenue increased 15% to $138.0 million, from $119.7 million, prior year. Analysts expected revenue of $137.01 million for the quarter.

The company reaffirmed its revenue guidance range of approximately $570 million to $580 million for calendar year 2014. The company revised its guidance for adjusted EBITDA to be in a range of approximately $97 million to $103 million, and non-GAAP earnings per share to be in a range of approximately $1.14 to $1.25. Analysts expect the company to report fiscal year profit per share of $1.36 on revenue of $598.44 million.