Huron Consulting Group Named in Fortune’s 100 Fastest-Growing Companies of 2008
“We are grateful for Fortune’s recognition of our commitment to growth and honored to be listed among companies of such high caliber. Our presence in the consulting sector has become increasingly stronger, and we are proud of the tremendous strides we have made since our inception in 2002,” said Gary E. Holdren, chairman and chief executive officer, Huron Consulting Group. “Our success is largely due to our dynamic team and our valued clients.”
Since going public in 2004, Huron generated a compound annual growth rate (CAGR) of greater than 45 percent through 2007. The Company’s return on equity in the 12 months ended June 30, 2008 was 22.9 percent, and its return on assets was 9.7 percent during the same period. Headquartered in Chicago, Huron has grown from approximately 200 employees to more than 2,000 today and has conducted more than 5,300 engagements for more than 2,400 clients around the world.
To qualify for Fortune’s 100 Fastest-Growing Companies of 2008, a company must be incorporated in the U.S.; have a minimum market capitalization of $250 million on June 30, 2008; have a stock price of at least $5; have been trading continuously since June 30, 2005; have revenue and net income for the four quarters ended on or before June 30, 2008, of at least $50 million and $10 million, respectively; and have posted a compound annual growth in revenue and earnings per share of at least 25% annually over the three years ended on or before June 30, 2008. All companies that meet those criteria are ranked by their revenue growth rate, their EPS growth rate, and their three-year annualized total return to investors for the period ended June 30, 2008.
The list appears in the September 29 issue of Fortune magazine and online at http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2008/full_list/
About Huron Consulting Group
Huron Consulting Group helps clients effectively address complex challenges that arise in litigation, disputes, investigations, regulatory compliance, procurement, financial distress and other sources of significant conflict or change. The Company also helps clients deliver superior customer and capital market performance through integrated strategic, operational and organizational change. Huron provides services to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.
Jennifer Frost Hennagir, Director
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