earnings
confidence high
sentiment positive
materiality 0.80
Gartner Q3 2022: Revenue up 15% to $1.33B, EPS $2.17; raises full-year guidance
GARTNER INC
2022-Q3 EPS reported
$6.77
revenue$3,971,129,000
- Revenue $1,332M (+15.2% as reported, +20.4% FX neutral); net income $174M (+16.6%).
- Adjusted EPS $2.41 (+18.7%); adjusted EBITDA $332M (+8.5% as reported, +14.9% FX neutral).
- Total Contract Value $4.5B (+14.5% YoY FX neutral); GTS CV $3.5B (+12.7%), GBS CV $1.0B (+21.4%).
- Operating cash flow $315M; free cash flow $283M; repurchased 0.4M shares for $97M.
- Company raised full-year 2022 financial outlook, citing contract value growth and margin performance.