Forrester Q3 revenue $127.7M (+8% YoY), adjusted EPS $0.57, raises FY guidance

FORRESTER RESEARCH, INC.

2022-Q3 EPS reported $1.22 revenue$400,896,000

GAAP EPS $0.28 vs $0.23; adjusted EPS $0.57 vs $0.41 (YoY).
Total contract value (CV) rose 7% to $353 million.
Company raised FY2022 revenue guidance to $535M–$545M; adjusted EPS to $2.30–$2.40.
Q4 revenue guided $134M–$144M; adjusted EPS $0.28–$0.38.
Stock-based comp $3.9M and amortization of intangibles $3.4M excluded from adjusted results.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FORRESTER RESEARCH, INC. reported third quarter ended September 30, 2022 results: revenue $127.7 million, net income $5.4 million, or $0.28 per diluted share, EPS $0.28. Guidance raised.

Period: third quarter ended September 30, 2022
Revenue: $127.7 million
Net income: $5.4 million, or $0.28 per diluted share
EPS: $0.28
Guidance: raised
Result: reported results

Exact text from the filing

coming quarters, given our accelerated approach to convert clients to Forrester Decisions.” Third-Quarter Consolidated Results Total revenues for the third quarter of 2022 were $127.7 million, compared with $118.1 million for the comparable quarter in 2021. On a GAAP basis, net income was $5.4 million, or $0.28 per diluted share, for the third quarter of 2022,

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Source: SEC EDGAR

accession 0001193125-22-275828

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