Navigant Consulting Inc. (NCI) Tuesday announced a sharp decline in first quarter net income to $12.64 million from $25.143 million in the prior year. Earnings per share halved to $0.26 from $0.51 last year. The prior year result included $0.31 per share from an earn out adjustment related to Cymetrix acquisition. On an adjusted basis, earnings were $0.27 per share.
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