Forrester Research Q4 adjusted EPS $0.45; guides FY2023 revenue down 4% to flat

FORRESTER RESEARCH, INC.

2022-FY EPS reported $1.14 revenue$537,787,000

Q4 revenue $136.9M (+2% YoY); GAAP net loss $1.6M ($0.09 loss); adjusted net income $8.5M ($0.45).
Full-year revenue $537.8M (+9% YoY); GAAP net income $21.8M ($1.14); adjusted net income $47.2M ($2.46, +18% YoY).
Forrester Decisions now ~1/3 of contract value; total CV grew 3% in 2022; client and wallet retention under pressure.
FY2023 guidance: revenue $518-538M (decline 4% to flat); GAAP EPS $1.02-1.22; adjusted EPS $2.25-2.45.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FORRESTER RESEARCH, INC. reported financial results for the quarter and year ended December 31, 2022.

Period: the quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 9, 2023, Forrester Research, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2022.

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Source: SEC EDGAR

accession 0001193125-23-030029

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