Forrester Q2 revenue $128.7M (+13% YoY); raises FY2021 guidance for second time

FORRESTER RESEARCH, INC.

2021-Q2 EPS reported $0.64 revenue$242,451,000

GAAP net income $8.3M ($0.43 EPS); adjusted net income $12.7M ($0.66 EPS).
Total contract value up 9% YoY to $320M, driven by research, consulting, and events.
Generated $70M cash in H1 2021, exceeding any prior full-year cash generation.
Raised FY2021 revenue guidance to $485M-$495M and adjusted EPS to $1.75-$1.85.
All business units grew revenue; Forrester Decisions product portfolio expected to accelerate CV growth.

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