Huron Consulting Group (NASDAQ:HURN), a leading provider of financial
and operational consulting services, today announced that it has been
named in Fortune magazine’s annual list
of the 100 Fastest-Growing Companies. The 2008 ranking was the first
year Huron was eligible and the Company debuted in the top half of the
list.
“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/
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Internet browser's address field. Remove the extra space if one exists.)
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.
Huron Consulting Group
Jennifer Frost Hennagir
312-880-3260
jfrost-hennagir@huronconsultinggroup.com
