Consulting firm Corporate Executive Board Co. (EXBD) falls 15.9% after reporting Q2 revenue of...

|By:, SA News Editor

Consulting firm Corporate Executive Board Co. (EXBD) falls 15.9% after reporting Q2 revenue of $119.2M (+9% Y/Y) and EPS of $0.30, below a consensus of $120.5M and $0.37. The company is reiterating its 2011 revenue forecast of $480M-$500M and non-GAAP EPS of forecast of $1.50-$1.65, in-line with a consensus of $439.1M and $1.63. (PR)