secwatch.observer — SEC 8-K summary
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Issuer:     FORRESTER RESEARCH, INC. (FORR)
CIK:        0001023313
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001193125-23-264079
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forrester Q3 revenue falls 11% YoY to $113.4M; GAAP EPS $0.13 vs $0.28
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- Total revenues of $113.4M, down from $127.7M in Q3 2022; CV flat at $349.4M.
- GAAP net income $2.5M ($0.13 diluted EPS) vs $5.4M ($0.28) a year ago.
- Adjusted net income $8.6M ($0.44 diluted EPS) vs $10.9M ($0.57), excluding stock comp and intangibles.
- FY 2023 guidance: GAAP revenue $475-485M, GAAP EPS $0.10-0.30, adjusted EPS $1.80-2.00.
- CEO cites $200M CV on Forrester Decisions platform; developing Izola generative AI system.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023313/000119312523264079/0001193125-23-264079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023313/000119312523264079/d567864d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-264079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer