Navigant Consulting, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported total revenues of $264,520,000 compared to $257,837,000 a year ago. Operating income was $18,427,000 compared to $18,577,000 million a year ago. Income before income tax expense was $16,840,000 compared to $17,756,000 a year ago. Net income was $11,853,000 or $0.25 per diluted share compared to $11,096,000 or $0.23 per diluted share a year ago. Net cash used in operating activities was $34,847,000 compared to $22,961,000 a year ago. Purchases of property and equipment were of $5,750,000 compared to $13,789,000 a year ago. Adjusted EBITDA was $29,910,000 compared to $31,461,000 a year ago. Adjusted net income was $13,887,000 or $0.30 per share compared to $13,008,000 or $0.27 per share a year ago.

The company affirmed earnings guidance for the year 2018. For the year 2018, the company's total revenues estimated to be between $1.030 billion and $1.065 billion, adjusted EBITDA expected to range between $125 million and $137 million, adjusted EPS estimated to be between $1.26 and $1.44, capital expenditures estimated to be approximately $25 million and free cash flow expected to range between $75 million and $90 million.