earnings
confidence high
sentiment neutral
materiality 0.70
Forrester Q2 revenue up 15% to $148.2M, beats EPS; cuts full-year revenue guidance
FORRESTER RESEARCH, INC.
2022-Q2 EPS reported
$0.94
revenue$273,217,000
- Q2 revenue $148.2M (+15% YoY); GAAP EPS $0.72, adjusted EPS $1.00 (vs $0.43 and $0.66 last year).
- Total contract value $349.4M, up 10% YoY.
- Full-year revenue guidance reduced to $535M-$545M; adjusted EPS reaffirmed at $2.25-$2.35.
- Q3 guidance: revenue $125M-$129M, adjusted EPS $0.35-$0.41.
- Full-year adjusted operating margin guided at 11.5%-12.5%.