secwatch.observer — SEC 8-K summary
======================================

Issuer:     GARTNER INC (IT)
CIK:        0000749251
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000749251-24-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gartner Q2 revenue up 6.1% to $1.6B, adjusted EPS $3.22 (+13%), board adds $600M buyback
--------------------------------------------------------------------------------

- Revenue $1.595B (+6.1% as reported; +6.9% FX neutral), net income $230M (+15.9%), diluted EPS $2.93.
- Adjusted EBITDA $416M (+8.2%), adjusted EPS $3.22 (+13.0%); both ahead of expectations.
- Contract value $4.9B (+7.4% FX neutral); GTS CV $3.8B (+6.1%), GBS CV $1.1B (+12.0%).
- Operating cash flow $370M (-15.1%); free cash flow $341M (-17.0%) due to timing items.
- Board authorized incremental $600M share repurchase; Q2 repurchased 0.8M shares for $340M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/749251/000074925124000033/0000749251-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/749251/000074925124000033/it-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000749251-24-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer