Forrester Q4 revenue $133.7M, GAAP EPS $0.41; FY revenue $494.3M, guides FY22 rev $550-560M

FORRESTER RESEARCH, INC.

2021-FY EPS reported $1.28 revenue$494,315,000

Q4 2021 total revenues $133.7M (+11% YoY); GAAP net income $8.0M ($0.41 diluted EPS); adjusted net income $11.3M ($0.59).
Full-year 2021 total revenues $494.3M (+10% YoY); GAAP net income $24.8M ($1.28); adjusted net income $40.5M ($2.09).
Total contract value grew 15% YoY to $345.8M; wallet retention and client counts increased significantly.
FY 2022 guidance: revenue $550-560M, GAAP EPS $1.25-1.35, adjusted EPS $2.25-2.35; Q1 revenue $119-123M.
Forrester Decisions new flagship research portfolio exceeding expectations; focus on double-digit CV growth in 2022.

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