secwatch.observer — SEC 8-K summary
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Issuer:     FORRESTER RESEARCH, INC. (FORR)
CIK:        0001023313
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001193125-24-028351
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 2.05, 2.06, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forrester Q4 revenue down 13.7%; full-year revenue down 11%; CV down 4%; 2024 guide weak
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- Q4 revenue $118.1M (down 13.7% YoY); GAAP EPS -$0.03, adjusted EPS $0.25 (down from $0.45).
- Full-year 2023 revenue $480.8M (down 10.6% YoY); GAAP EPS $0.16, adjusted EPS $1.90 (down from $2.46).
- Contract value (CV) down 4% to $332.1M; expects return to CV growth in 2025.
- Workforce reduction of ~3% ($3.5M-$3.9M charges); SF office closure ($3.8M impairment).
- 2024 guidance: revenue $430M-$450M (decline 6-11%); adjusted EPS $1.50-$1.70.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023313/000119312524028351/0001193125-24-028351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023313/000119312524028351/d550523d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-028351

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