Hewitt reports earnings
Lincolnshire-based Hewitt Associates Inc., a global human resources services company, reported results for its fiscal fourth quarter. The company reported net revenues declined 6 percent to $757.7 million, compared with $806.7 million in the prior-year quarter.
Net revenues declined 4 percent after adjusting for foreign currency translation, acquisitions and divestitures. Net income increased to $64.4 million, or $0.68 per diluted share, compared with $31.6 million, or $0.32 per diluted share in the prior-year quarter.
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