Corporate Executive Board Co. announced that its Board of Directors has approved a cash dividend on its common stock for the fourth quarter of 2009 of $0.10 per share. The company will fund its dividend payments with cash on hand and cash generated from operations. The dividend is payable on December 30, 2009, to stockholders of record at the close of business on December 15, 2009.

Corporate Executive Board Co. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Corporate Executive Board Co. reported earnings results for the third quarter and nine months ended September 30, 2009. Revenues decreased 25.0% to $106.8 million for the third quarter of 2009 from $142.4 million for the third quarter of 2008. Net income for the third quarter of 2009 was $14.2 million, or $0.41 per diluted share, compared to $20.0 million, or $0.59 per diluted share, for the same period of 2008. Excluding the after tax effect of restructuring costs, adjusted net income was $15.6 million and non-GAAP diluted earnings per share was $0.45 for the third quarter of 2009. EBITDA was $27.534 million compared to $36.027 million for the same period last year. Adjusted EBITDA was $29.861 million against $36.027 million for the comparable period last year. Adjusted net income was $15.648 million compared to $20.002 million of previous year period. Non-GAAP diluted earnings per share were $0.45 against $0.59 for the same period last year. For the first nine months of 2009, revenues were $335.0 million, a 20.6% decrease from $421.6 million for the first nine months of 2008. Net income for the first nine months of 2009 decreased to $32.2 million from $50.6 million for the same period in 2008. Diluted earnings per share for the first nine months of 2009 were $0.94, a decrease from $1.47 for the same period in 2008. Excluding the after tax effects of costs associated with exit activities and restructuring costs, adjusted net income was $43.7 million and non-GAAP diluted earnings per share was $1.28 for the first nine months of 2009. EBITDA was $68.730 million compared to $95.142 million for the same period last year. Adjusted EBITDA was $87.763 million against $95.142 million for the comparable period last year. Adjusted net income was $43.690 million compared to $50.643 million of previous year period. Non-GAAP diluted earnings per share were $1.28 against $1.47 for the same period last year. Net cash flows provided by operating activities were $11.493 million compared to $66.757 million for the same period a year ago. Purchases of property and equipment, net were $4.864 million against $38.141 million of previous year period. The company is updating its 2009 guidance and now expects revenues ranging from $430 to $440 million, non-GAAP diluted earnings per share of $1.40 to $1.50.