Gartner Q1 revenue $1.4B (+11.6%); diluted EPS $3.68 (+76.9%); raises full-year guidance

GARTNER INC

2023-Q1 EPS reported $3.68 revenue$1,408,869,000

Revenue $1.41B, +11.6% as reported / +14.3% FX neutral; net income $296M (+71.5%).
Diluted EPS $3.68 (+76.9%); adjusted EPS $2.88 (+23.6%); adjusted EBITDA $379M (+15.3%).
Total contract value $4.5B, +10.4% YoY FX neutral; GTS CV +8.9%, GBS CV +16.3% ex-divestiture.
Repurchased 0.3M shares for $107M; operating cash flow $165M, free cash flow $144M.
Guidance for 2023 raised; CEO cites 'strong quarter' and prepared for varied economic scenarios.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

GARTNER INC reported the three months ended March 31, 2023 results: revenue Revenues: $1.4 billion, net income Net income: $296 million, EPS Diluted EPS: $3.68. Guidance raised.

Period: the three months ended March 31, 2023
Revenue: Revenues: $1.4 billion
Net income: Net income: $296 million
EPS: Diluted EPS: $3.68
Guidance: raised
Result: reported results

Exact text from the filing

FIRST QUARTER 2023 HIGHLIGHTS • Revenues: $1.4 billion, +11.6% as reported; +14.3% FX neutral. • Net income: $296 million, +71.5% as reported; adjusted EBITDA: $379 million, +15.3% as reported, +19.1% FX neutral. • Diluted EPS: $3.68, +76.9%; adjusted EPS: $2.88, +23.6% .

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Source: SEC EDGAR

accession 0000749251-23-000019

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